KPMG collaborated with the Global Semiconductor Alliance (GSA) to conduct a pulse survey on The impact of COVID-19 on the semiconductor industry. Key findings include the following:
1. Some of the top near term actions semiconductor companies are taking in response to COVID-19 are:
- Ensuring that vendors and supply chain partners have business continuity plans in place
- Maintaining cyber vigilance
2. Sixty-three percent of respondents reported some degree of supply chain shortages as a result of COVID-19:
Have you experienced supply chain shortages as a result of COVID-19?*
3. The top two long term changes that semiconductor executives expect to implement as a result of COVID-19 are:
- Revisions to business continuity plans
- Implementation of technology upgrades such as collaboration, cloud, and/or automation technologies
4. Semiconductor leaders feel that COVID-19 will have a positive impact on the investment, growth, and adoption of 5G, artificial intelligence, and Internet of Things:
What impact will COVID-19 have on the investment, growth, and adoption of the following application end markets?*
(Please rate on a 1 to 5 scale, with 1 = significantly negative impact and 5 = significantly positive impact.)
Footnotes
*Percentages may not sum to 100% due to rounding.
