GSA, in collaboration with KPMG, surveys semiconductor executives from across geographies, company sizes, and industry segments to provide an annual Global Semiconductor Industry Outlook. This year’s outlook focuses on:

  • The impact of COVID-19
  • Financial expectations
  • Growth products and applications
  • Industry issues and strategic priorities

Key Findings

  • 79% of semiconductor executives predict industry-wide profitability will increase this year compared to 2020, and 85% predict their companies’ revenue will continue to increase next year.

  • 73% plan to increase capital spending in 2021 with 71% of respondents saying they plan to spend more on R&D.

  • 68% reported that executing on growth initiatives is their top strategic priority over the next three years.

  • 44% of respondents ranked making their supply chains more flexible and adaptable to geopolitical changes and other disruptions as one of their top three strategic priorities.

  • 63% of respondents expect to increase headcount over the next year, while 30% identified talent risk as an issue facing the industry.