Everyone's looking for the bottom (May Update)
Order activity for semiconductor equipment continued to trend lower, slipping to a new low for the year. Overall activity has fallen below the 2019 lows and it’s still looking for the bottom. There were some notable changes made to our forecasts this month. ICs were downgraded, electronics forecast was downgraded slightly, while the Semiconductor Equipment Forecast remains unchanged. The April sales from the Taiwanese manufacturers are in and it is clearly still gloomy out there. However, there were some bright spots found in this update: Even though overall inventories remain at elevated levels, we are beginning to see some improvement of inventories at the electronics OEMs.
Get the latest analysis of new developments in semiconductor market and research analysis.
Subscribers can view the full article in the TechInsights Platform.
You must be a subscriber to access the Manufacturing Analysis reports & services.
If you are not a subscriber, you should be! Enter your email below to contact us about access.
More To Explore
Sign up for latest analysis, news and insights from TechInsights!
Revealing the innovations others cannot inside advanced technology products
1891 Robertson Rd #500, Nepean, ON K2H 5B7
Copyright © 2023 TechInsights Inc. All rights reserved.