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Tag: market news

Chip Industry Suffers the Worst Slump in 2 Decades

Chip Industry Suffers the Worst Slump in 2 Decades
Last year, the semiconductor industry suffered its worst downturn since the dot-com bubble burst in 2001, causing industry sales to plunge by 32%. According to the Semiconductor Industry Association (SIA), 2019 was the industry’s worst annual slump in nearly two decades, with a 12.1% year-on-year drop in revenue to $412.1 billion. “Amid a confluence of factors, including ongoing global trade unrest and cyclicality in product pricing, worldwide sales of semiconductors were down considerably in 2019, falling 12% year-to-year,” commented John Neuffer, president and CEO of the SIA. Q4 2019 showed more promise, with a slower rate of decline in comparison...

TSMC Forecasts 17% Sales Growth in 2020

TSMC Forecasts 17% Sales Growth in 2020
Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, has announced that 2020 will see its consolidated sales increase by 17% year-on-year. During an investors conference, watched closely by the equity markets at home and abroad, TSMC’s chief executive officer, CC Wei, said that he predicts the company will benefit from higher demand this year for smartphones, high performance computer devices, automotive electronics, and the Internet of Things related applications. TSMC expects that its advanced 7 nanometer process, the latest technology which the chipmaker has started mass producing, will continue to make a significant contribution to the company’s sales...

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,...

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