Falling IC ASPs to cause semiconductor content to plunge this year after setting a record high of 31.1% last year.

In its upcoming Mid-Year Update to The McClean Report 2019 (to be released at the end of July), IC Insights forecasts that the 2019 global electronic systems market will grow 4% to $1,680 billion. In contrast, the worldwide semiconductor market is expected to drop by 12% this year to $443.8 billion after exceeding the $500.0 billion level for the first time last year.  If the 2019 forecasts come to fruition, the average semiconductor content in an electronic system will drop to 26.4% after setting the all-time record of 31.1% last year (Figure 1).

Figure 1 (more…)