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Sales of semiconductors in the world in the second quarter increased in annual terms by 20.5% to a record 117 billion 900 million dollars, according to the data of the Semiconductor Industry Association. Relative to the previous quarter, the indicator increased by 6%. In the first half of the year, global sales of semiconductors increased by 20.4% in annual terms. In June, chips in the amount of 33 billion 310 million dollars were sold, which is 20.5% higher than a year ago, and is also a historical high. As the president and CEO of SIA, John Neuffer, noted, the growth rate of world semiconductor sales exceeds 20% for fifteen months in a row.
On Friday, Caterpillar Inc (CAT.N) announced a lower second-quarter profit because of the recession caused by the coronavirus outbreak. The decline was due to lower sales volume and changes in dealer inventories. During the second quarter ...
The Dollar fell to two-year lows on Friday, heading to its lowest decline in 10 years as concerns mounted over the economic recovery of the U.S. amid a second resurgence of the COVID-19 pandemic. The Dollar index plunged to 92.777, on course ...
Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as well as oil consumption. Brent crude gained 0.3%, trading at $43.08 ...
On Thursday, the United States’ Gross Domestic Product (GDP) suffered the biggest economic decline in the second quarter as the surge of coronavirus cases affected the whole country. The U.S. government decided to shut down restaurants, ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
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