Reported 7 months ago
On June 12, 2024, the IEKCQM prediction team of ITRI announced that Taiwan's semiconductor industry is expected to surpass the 5 trillion yuan mark for the first time in 2024, reaching 5.134 trillion yuan with a year-on-year growth of 17.7%. The optimistic outlook is attributed to strong demand in the supply chain driven by AI, stable employment market, rising consumer power, inventory adjustments completed, and increased demand for semiconductors due to AI development. The IC design, manufacturing, and testing sectors are also forecasted to experience growth in 2024.
Source: YAHOO