chip, forecast, slash, Covid-19

Chip Forecasts Slashed Amid Pandemic’s Grip

Grim global semiconductor forecasts agree on a pandemic-driven market contraction, with the only variable being how steep and for how long chip demand and revenues will decline. As the unrelenting spread of the novel coronavirus and the resulting lockdown slow consumption and hobble global supply chains, forecasters continue to slash their growth forecasts across market sectors and applications. Demand…

manufacturing

Pressure Grows for U.S. Manufacturing Revival

Government initiatives aimed at reviving U.S. manufacturing were already underway when the coronavirus effectively knocked out distribution channels linking Chinese manufacturers and U.S. consumers. For example, the Defense Department’s Industrial Base Analysis and Sustainment Office has aggressively sought to secure the electronics supply chain for critical infrastructure. Meanwhile, several industrial base proposals have been floated…