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Archive for October 6th, 2020

Electronic System Design Industry Reports 12.6% Revenue Growth for Q2 2020

Tuesday, October 6th, 2020

The electronic system design ecosystem got welcome news this week from the most recent SEMI Market Statistics Service (MSS) from the ESD Alliance. Our market segment revenue rose 12.6% in Q2 2020 to $2,783.9 million, compared to $2,472.1 million in Q2 2019, with most categories logging double-digit increases. The four-quarter moving average, which compares the most recent four quarters to the prior four quarters, grew by 6.7%.

One particularly interesting statistic is the 5% increase in headcount or 46,579 employees in Q2 2020 over 44,372 employees Q2 2019. The number was up by 1.4% compared to Q1 2020.

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