Paul van Gerven
1 May 2019

The 17,6 percent decline of the IC market in the first quarter of this year requires an “abnormally strong” second half to avoid a full-year 2019 double-digit market decline, IC Insights warns. The Q4-2018/Q1-2019 drop was the fourth largest since 1984, when semiconductor market statistics started to get collected. In 141 recorded quarters, only seven registered a sequential decline larger than 10 percent. None of the years featuring such a quarter ended well: the markets dropped at least 9 percent year-on-year. So if history is any guide, 2019 will see a significant shrink of the market. The pain isn’t distributed equally among sectors, however. NXP, for example, already sees better days ahead, while memory makers likely have to suffer some more.