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.

Quarterly drops