Strategy Analytics has published a report that analyzes the effects of COVID-19 on GaAs revenue. Based on current trends in several application segments, the insight forecasts a likely trajectory for GaAs revenue out to 2025.
GaAs RF device revenue growth has struggled in recent years and revenue actually declined in 2019. GaAs revenue links closely to trends in the cellular segment, so recent forecasts of sharp drops in smartphone shipments caused by the COVID-19 pandemic will contribute to further declines in GaAs revenue. The complete effects of COVID-19 on the supply chain remain unclear, but the future of GaAs device revenue is bright. Based on the most recent information, 5G will become a strong growth engine and GaAs device revenue should be reaching new highs in the next few years.
Click here to read the complete report.
