The global semiconductor market has faced major ups and downs in 2019. Macro environment uncertainties, including the U.S.-China trade war, Brexit-related headwinds, weak smartphone and server demand, have affected the industry significantly.

Memory prices continue to weaken despite measures taken by chipmakers to contain the impact, including production cut and delayed capital spending. Memory sales, which contribute about 30% of the semiconductor revenues, are expected to plunge 30.6% to $109.5 billion in 2019.

Moreover, the U.S. government’s decision to blacklist Huawei in May this year hurt a number of semiconductor companies like Micron MU, Intel and Broadcom. Notably, the U.S.-based semiconductor companies constitute 36% of Huawei suppliers. Thus, banning such a sizeable customer negatively impacted top-line growth.

Silver Lining

Per a report by Asian Review, the global market for

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