Display Equipment Revenues Rise 6% Q/Q in Q2’20 Based on Survey of 35 Suppliers

Austin, TX USA -

We have finalized our look at the financial results for 35 publicly traded display equipment suppliers in our Quarterly Display Supply Chain Financial Health Report and found that revenues grew 6% Q/Q to $1.76B. Due to COVID-19, travel restrictions and quarantines, it was a tough quarter. But display equipment companies managed to grow. On a Y/Y basis, revenues were down 20% and were down for the 6^th straight quarter. However, we are expecting to see Q/Q AND Y/Y growth in Q3’20 and Q4’20 as tools not fully installed in 1H’20 are recognized in 2H’20 along with an already expected to be strong 2H’20.

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