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Q120 Display Equipment Revenue Down 55% Y/Y
June 14, 2020
Aggregating all the publicly traded equipment suppliers results for Q120 in our Quarterly Display Supply Chain Financial Health Report revealed a sharp decline in display equipment revenues and a stark contrast in the fortunes of a number of the market leaders. We saw healthy growth at AMAT and TEL at the same time as seeing large reductions at Canon, Nikon and V Technology. We also saw Korean equipment suppliers outperform Japanese equipment suppliers in most categories.
In the survey of 29 publicly traded display equipment suppliers, combined display equipment revenues were down 30% Q/Q and 55% Y/Y. These 29 companies have averaged 58% of total display equipment spending from Q1’16 – Q1’20. Equipment spending fell sharply as multiple fabs in Wuhan were installing equipment in Q1’20 and were forced to delay installations on lack of overseas engineers. Other fabs in China were also impacted as overseas engineers were being quarantined upon their arrival. However, not all companies were impacted equally. From: DSCC
Figure 1: Display Equipment Revenues and Growth or 29 Publicly Traded Suppliers
June 14, 2020
Aggregating all the publicly traded equipment suppliers results for Q120 in our Quarterly Display Supply Chain Financial Health Report revealed a sharp decline in display equipment revenues and a stark contrast in the fortunes of a number of the market leaders. We saw healthy growth at AMAT and TEL at the same time as seeing large reductions at Canon, Nikon and V Technology. We also saw Korean equipment suppliers outperform Japanese equipment suppliers in most categories.
In the survey of 29 publicly traded display equipment suppliers, combined display equipment revenues were down 30% Q/Q and 55% Y/Y. These 29 companies have averaged 58% of total display equipment spending from Q1’16 – Q1’20. Equipment spending fell sharply as multiple fabs in Wuhan were installing equipment in Q1’20 and were forced to delay installations on lack of overseas engineers. Other fabs in China were also impacted as overseas engineers were being quarantined upon their arrival. However, not all companies were impacted equally. From: DSCC
Figure 1: Display Equipment Revenues and Growth or 29 Publicly Traded Suppliers
Figure 2: Top 10 Publicly Traded Display Equipment Supplier Revenue
