Semiconductor Market Performance in Q1 2024
In the first quarter of the year, the semiconductor market experienced a modest decline of about 2% to $151.5 billion, as reported by Omdia. This downturn was attributed to varied performances across different sectors. The consumer sector notably fell by 10.4% quarter-over-quarter (q-o-q), while the industrial and auto sectors also experienced declines of 8.5% and 5.1% respectively.
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