AI, Robots, and Electric Vehicles in Strong Demand; Wu Tianyu: Accelerated Economic Growth in the Second Half of the Year

Reported 9 months ago

Day and night consensus, the leading semiconductor packaging and testing company, held its annual shareholders' meeting at the Nanzih Technology Park in Kaohsiung on June 25, 2024. Wu Tianyu, Chief Operating Officer, stated that with the push of various new applications such as artificial intelligence, robots, electric vehicles, energy, and the Internet of Things, the semiconductor industry's total output is expected to reach $1 trillion in the next 10 years, possibly ahead of schedule. Wu Tianyu also mentioned the challenges and opportunities faced in the industry, expressing optimism for an accelerated growth in the latter half of 2023 as the semiconductor demand showed signs of recovery driven by AI applications in automotive, industrial control, and computing sectors. Looking ahead to 2024, Wu Tianyu remains cautiously optimistic but acknowledges persistent risks from geopolitical issues and inflation, emphasizing the need for innovation, efficiency, talent integration, and sustainability practices in the semiconductor industry to achieve future goals.

Source: YAHOO

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