India, Jan. 21 -- Future Horizons, UK recently organized the Industry Update conference.

Malcolm Penn, Founder and CEO stated that for the executive snapshot, in context, April 2025 US tariffs disrupted trade norms. However, worst case has been avoided. It matters, as tariffs were weaponized, and are still high. There is uncertainty-elevated efficiency, with losses rising. As for major economies, US growth is down, while inflation is rising. China has structural fragility. EU and emerging markets lack fiscal and financial support.

The bottom line -- economy has been resilient, but fragile. Confidence and stability are fastest path to stronger growth. The chip market needs a strong economy for sustainable growth.

Are unit shipments at t...