To say that our industry's landscape experienced a profound shift in 2020 is an understatement. Companies found themselves plunged from the familiar rhythm of day-to-day business, with carefully thought-out roadmaps, to a sea of uncertainty fueled by a global pandemic and economic downturn. We had to pivot quickly to respond to our customers' need for products while assuring our employees remained safe.
Delphon was fortunate to have a robust supply chain so we could continue to support our worldwide customer base. Although it's difficult to predict what will happen in 2021, one thing I do know is that companies have proven that a remote workforce can get the job done and the manufacturing efficiencies developed during the shelter-in-place restrictions put us in a strong position to weather anything that comes our way.
Our industry has made the changes needed not only to survive but to grow. I strongly believe the semiconductor market will continue to out-perform other sectors of the economy with remote working, schooling, online shopping, and streaming - increasing demand for cloud storage and server capacity. The 5G rollout will continue to ramp and AI will drive new technological advancements.
I look forward to a brighter 2021.
Delphon CEO, Jeanne Beacham shares her thoughts about semiconductor and microelectronic industry trends for 2021.