Component Sense Blog

5G Expansion to See Chip Demand Rebound in 2020

5G Expansion to See Chip Demand Rebound in 2020
Global demand for memory chips is expected to rebound next year, driven by the spread of 5G services, according to new market research reports. 2019 saw chipmakers, such as Samsung Electronics Co. and SK Hynix Inc., suffer from a decline in sales revenue, on account of excessive inventories and lower demand from corporate customers. According to the latest data from research firm IHS Markit, semiconductor sales fell by 15 percent to US $111 billion in the July-September quarter, down 15 percent on 2018. Forecasts predicted that the world’s semiconductor sales would remain weak and post a 12 percent year-on-year sales...

Massive Growth for the FPGA Market

Massive Growth for the FPGA Market
According to a new report published by Global Market Insights, the global Field Programmable Gate Array (FGPA) market is forecast to experience rapid growth, reaching $13 Billion by 2026. Technological advancements and innovations in the FPGA field are likely to be key contributors to growth during the forecast period. In addition, the rise in the number of strategic collaborations and partnerships, combined with the development of new products are expected to accelerate growth in coming years. The rising number of applications and product enhancements are also likely to drive future the market. Key players operating in the FPGA market are...

Active Electronic Components Market Pegged at $376.9 Bn by 2023

Active Electronic Components Market Pegged at $376.9 Bn by 2023
According to industry analysts, the active electronic components market was worth $182.9 billion in 2014 and is projected to reach $376.9 billion by 2023, growing at a compound annual growth rate of 8.4% during the forecast period of 2015-2023. Key drivers of growth in this area are micro-electromechanical systems (MEMS) and the wider adoption of renewable energy resources, as well as the increasing popularity of portable electronic devices. Typically North America has dominated the market, but during the forecast period it is expected to be superseded by Asia Pacific. Asia Pacific is projected to experience the fastest growth by 2023,...

Taiwan's Electronic Component Exports Fall in First Three Quarters

Taiwan's Electronic Component Exports Fall in First Three Quarters
Taiwan’s exports of electronic components, its biggest category of exports, declined by 1% during the first three quarters of 2019, according to recent data from the island’s finance authority. The island’s electronic components exports amounted to 80.9 billion US dollars during the first nine months of 2019, accounting for one third of its total exports. The export of ICs saw a 2% rise during the period, totalling $71.8 billion. Other components, including printed circuit, LED, solar panels and capacitors and resistors, suffered a 20% decrease in total exports. Solar panels and capacitors and resistors suffered the steepest decline of 71%...

Semi Market to Return to Growth Early 2020

Semi Market to Return to Growth Early 2020
Following several years of strong demand, 2019 will mark the global semiconductor market's biggest slump in 18 years. The largest decline was experienced in 2001, amid the burst of the internet bubble. The 2019 decline is pegged at 15%, the third largest annual drop since a 32% decline in 2001 and the 17% decline in 1985. An uncertain global economy and weakness in key demand are cited as the key contributors to the current downturn. Nevertheless, experts anticipate that 2020 will see the semiconductor market return to growth and continue to prosper. Memory chips are expected to hold the largest...

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