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New Electronics brings you up-to-date Business News, covering the full spectrum of acquisitions, business deals and expansions happening in the electronics industry.

Foundry revenues thought to have jumped 30% YoY in first quarter

Research conducted by TrendForce, suggest that the foundry industry benefitted from the previous quarter’s order fulfillment and client stock-up demands, with overall projected revenue set to grow 30% growth YoY in 1Q20.

Compared to the previous quarter, however, there was a fall of 2%.Despite these strong figure, caused in part by weaker figures this time last year, as a result of the COVID-19 pandemic the foundry industry now faces major uncertainties on the ...

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