IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs
Green Car Congress
NOVEMBER 6, 2020
to just over $38 billion, which contrasts to the mid-year view where semiconductor revenues were expected to drop 20% by year end compared to 2019. billion, a healthy compound annual growth rate of 7% from 2019 to 2026. IHS Markit now expects semiconductor revenue to contract in 2020 by -9.6%
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