DSCC originally forecast 1 percent overall revenue growth in the global display industry for 2020 after two negative years. But it downgraded its forecast significantly in April in response to COVID‐19, and now thinks global revenues will decline by 8 percent to $103 billion, a 9 percent overall downturn from its original outlook. That forecast assumes that the pandemic situation will improve by the third quarter, with lockdowns lifting worldwide and the global economy starting to return to some normalcy, aided by government stimulus packages in many countries.