Loading...
News Article

COVID-19 Will cut 2020 GaAs Revenue, says Strategy Analytics

News

But 5G will become a strong growth engine and GaAs device revenue should reach new highs in the next few years

With a heavy dependence on cellular terminals, recent forecasts of declining handset shipments in response to the COVID-19 pandemic will result in lower GaAs device revenue in 2020.This is a conclusion of the Strategy Analytics Advanced Semiconductor Application (ASA) insight 'A First Look at the Effects of COVID-19 on GaAs Revenue'.

Based on current trends in several application segments, the insight forecasts a likely trajectory for GaAs revenue out to 2025.

“GaAs RF device revenue growth has struggled in recent years and revenue actually declined for the first time in many years in 2019,” noted Eric Higham Director of the Advanced Semiconductor Applications (ASA) service. “GaAs revenue links closely to trends in the cellular segment, so recent forecasts of sharp drops in smartphone shipments caused by the COVID-19 pandemic will contribute to further declines in GaAs revenue.”

He went on to say, “The complete effects of COVID-19 on the supply chain remain unclear, but I’m optimistic about the future of GaAs device revenue. Based on the most recent information, 5G will become a strong growth engine and GaAs device revenue should be reaching new highs in the next few years.”

×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
x
Logo
×
Register - Step 1

You may choose to subscribe to the Compound Semiconductor Magazine, the Compound Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in: