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September Semiconductor Revenues Increased 11.4%; 2020 Forecast Now at 5.3%

Semiconductor revenues in September grew 11.4%, breaking a three-year streak of single-digit monthly increases. 3Q 2020 revenues grew 10.8% over 2Q 2020 and 6.4% over 3Q 2019. Semico is forecasting 4Q 2020 revenues will decline 0.4%; this will result in revenue growth for the year of 5.3%.

Semico IPI 

Source:  Semico Research Corp.

Regionally, 3Q 2020 revenues were strongest in Asia Pacific/Other, with a 14.4% increase, followed by Europe and China at 12.4% and 12.3% respectively. Japan and the Americas showed single-digit growth for the quarter. The strongest product categories in terms of revenue and unit growth for the quarter were automotive and wireless communications, both of which recovered after steep declines in the first half of the year due to COVID-19. Much of the MCU category was strong except for smart card MCU, with muted revenue growth of 6.1% and unit shipments down – 8.4%.
Other stories in the June issue of the IPI Report:

  • IPI and Market Update
  • Memory Driving Total Semiconductor Dollars Again
  • Wafer Demand Expected to Recover in 2021
  • ASIC Market Revenues Grow Slightly in 2020; Higher Growth in 2021
  • Sensor Revenues Jump 15.4% in 3Q 2020 P22: Forecast Tables Shipments, Orders, and Inventories 

Semico developed the IPI Report (Inflection Point Indicator) to assist in forecasting semiconductor revenues approximately four quarters in advance. The IPI, combined with end-market analysis and primary research, has helped Semico Research accurately forecast the industry sooner than others.
For a copy of the complete IPI report or information on other Semico reports contact:
Rick Vogelei
Phone: (480) 435 - 8564