Frankwell Lin President, Andes Technology
2020 was a year like no other in recent history. The worldwide spread of the COVID-19 pandemic has had a severe impact on the global economy. In the challenging times, we are all learning how to resume normal operations and seek opportunities at the same time.
Production in Full Swing despite COVID-Crisis
Widespread vaccination is key to the global economy’s return to pre-pandemic levels of activity. As the coronavirus vaccine is on track for international deployment, however, the global economy is not expected to recover until mid-2021. Even so, the pattern of our working life has already changed irreversibly. Working from home, for instance, may become a new norm for some companies as it not only prevent the spread of the virus, but also reduces operating costs.
Due to the rise of the stay-at-home economy brought about by the COVID-19 pandemic, we are seeing a huge growth in applications including wireless networking, gaming, at-home learning, etc. Some of the products are even facing shortage due to strong demand worldwide. The production of many semiconductor manufacturers is in full swing because of the related orders. The momentum is expected to last in 2021 as stay-at-home economy will likely thrive before the pandemic ends. Taiwan’s IC industry chain is ready for the development and production of these popular applications.
