The report finds that the Taiwanese semiconductor manufacturing industry, comprising mainly of foundry, DRAM, flash memory, and IDM sectors, continued to decline both sequentially and year-on-year in the first quarter of 2019, traditionally a weak sales season. In the second quarter, the industry’s double-digit year-on-year decline has continued from the first quarter as the inventory level of brands remains high and Huawei faces a growing backlash from Western countries, led by the US.
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