Q1 was worst quarterly semi performance for 10 years

In Q1 the chip market posted its worst quarterly performance in 10 years, according to IHS Markit. Revenues fell to $101.2 billion in Q1,;down 12.9% from $116.2 billion in Q118. This represented the largest y-o-y quarterly decrease since the second quarter of 2009. Memory drove the sales plunge exacerbated by excess inventory and falling demand ...

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