Q1 was worst quarterly semi performance for 10 years
- Posted by doEEEt Media Group
- On May 31, 2019
- 0
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 to plunge exacerbated by excess inventory and falling demand from key end markets. If memory were excluded from total semiconductor revenue, the market would have declined by ~4.4% on a y-o-y basis.