COVID-19 (Coronavirus pandemic) News

Worldwide semiconductor revenue declined 12% in 2019
Apr 15, 2020 – Worldwide semiconductor revenue totaled $419.1 billion in 2019, down 12% from 2018, according to Gartner. Intel regained the No. 1 position in the market as the downturn in the memory market negatively impacted many of the top vendors.
News categories: Gartner, Andrew Norwood, COVID-19, Market Research, Semiconductor, Worldwide

Telco revenue in developed markets to fall 3.4% due to COVID-19
Apr 15, 2020 – COVID-19 will lead to a strong decline in telecoms revenue. Revenue for telecoms operators will fall by 3.4% in 2020 compared to 2019, before returning to growth (0.8%) in 2021, according to a report published by Analysys Mason.
News categories: Analysys Mason, Stephen Sale, Rupert Wood, COVID-19, Market Research

Frontier Communications agrees restructuring with bondholders
Apr 14, 2020 – Frontier Communications (NASDAQ: FTR) has announced that it has entered into a Restructuring Support Agreement with bondholders. To implement the plan, the company has voluntarily gone into Chapter 11.
News categories: Frontier Communications, Robert Schriesheim, Bernie Han, Cable TV, COVID-19, Digital TV, Finance, USA

Falling ad revenue to hurt TV broadcasting
Apr 14, 2020 – According to GlobalData, TV broadcasters may be experiencing higher viewing numbers during this COVID-19 lockdown, but their bottom lines will be significantly hurt by falling ad revenues.
News categories: GlobalData, Danyaal Rashid, Advertising, COVID-19, Digital TV, Market Research, Worldwide

Roku provides update ahead of Q1 results
Apr 13, 2020 – Roku (NASDAQ: ROKU) has announced that due to the broader uncertainties arising from the COVID-19 pandemic, it is providing its shareholders with a brief update in advance of its May 7 earnings call.
News categories: Roku, COVID-19, Digital TV, Results, Set Top Box, Smart TV, Streaming, Worldwide

Pandemic-induced decline in display driver IC demand temporarily alleviates tight supply
Apr 13, 2020 – According to TrendForce, disappointing 1Q20 shipments by panel manufacturers, combined with continued acceleration of the COVID-19 pandemic in Europe and the U.S., resulted in a reduction of proposed TV panel purchases in 2Q20 by several major TV brands.
News categories: TrendForce, Asia, COVID-19, Digital TV, Market Research, Semiconductor, Smart TV, Worldwide

2020 semiconductor market to decline 0.9% due to coronavirus
Apr 9, 2020 – Due to the impact of the coronavirus on semiconductor supply and demand, worldwide semiconductor revenue is forecast to decline 0.9% in 2020, according to Gartner. This is down from the previous quarter’s forecast of 12.5% growth.
News categories: Gartner, Richard Gordon, COVID-19, Market Research, Semiconductor, Worldwide

Comscore research shows continuing surge in U.S. daytime TV viewing
Mar 31, 2020 – New insights from Comscore (NASDAQ: SCOR) reveal the extent to which U.S. households are now tuning into daytime TV viewership and how television remains a vital outlet for Americans navigating the COVID-19 pandemic.
News categories: Comscore, Bill Livek, Big Data, COVID-19, Digital TV, Market Research, USA

Comscore sees notable rise in U.S. streaming usage
Mar 27, 2020 – Research from Comscore (NASDAQ: SCOR) finds that OTT streaming has significantly increased across Connected TVs and streaming boxes/sticks in recent weeks. The higher utilization rates are the latest example of how media consumption shifts are rapidly occurring amid the COVID-19 pandemic.
News categories: Comscore, Bill Livek, COVID-19, Digital TV, Market Research, Set Top Box, Smart TV, Streaming, USA