Semiconductor suppliers profit analysis

AutotechInsight Analysis Monthly

Despite the global pandemic and resulting economic slowdown, the semiconductor industry has remained resilient, finishing 2020 with a drop of only 6%

In the year 2020, the automotive semiconductor industry saw a series of unprecedented challenges that all started with the COVID-19 pandemic. Firstly, the decline in vehicle sales caused automakers to shut down production plants; then, suppliers canceled chip manufacturing orders, which later resulted in supply chain disruption.

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