Phone Demand May Bring Chips Down More Than Trade War — Panjiva
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Phone Demand May Bring Chips Down More Than Trade War

China 1761 Info Tech - Tech Hardware 378 Tariffs 1174 U.S. 3309

The latest forecasts for global semiconductor trade see a slowdown to 2.6% year over year growth in 2019 from 15.9% in 2018. That’s mostly being blamed on slowing smartphone demand, which can already be seen in the 8.3% drop in U.S. imports in the 12 months to Sept. 30 compared to a year earlier. The expansion in Chinese imports of semiconductors is starting to slow with a rate of 19.0% in the three months to Oct. 31 from 29.0% in the second quarter and were worth $317.7 billion in the past 12 months. The trade war between the U.S. and China is having an effect. U.S. imports of sem...

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