Industrial Research Institute: Taiwan’s semiconductor output value next year is estimated at NT$4.9 trillion, a new high

2023/11/01

United News Network
October 30, 2023
Author: Central News Agency

The Industrial Research Institute of Obstetrics and Technology expects that the semiconductor industry is expected to rebound next year, with global semiconductor output value reaching NT$580.9 billion, an annual increase of 12.6%; Taiwan's semiconductor output value will reach NT$4.9 trillion, a new high, an increase of 14.1%.

ITRI held a "Seminar on the Development Trends of the Semiconductor Industry in 2024" today. Fan Zhehao, manager of the International Institute of Obstetrics and gynecology, said that the semiconductor industry inventory adjustment is expected to come to an end at the end of 2023, and the end market demand will gradually recover. It is expected that the global semiconductor output value in 2024 can It is expected to increase by 12.6% to US$580.9 billion.

Fan Zhehao said that as the demand for artificial intelligence (AI), high-performance computing and other applications continues to push forward, Taiwan's semiconductor industry is expected to get rid of the poor market situation and gradually resume positive growth. It is expected that output value will increase by 14.1% in 2024, reaching 4.9 trillion yuan, which will reach a new high.

In terms of semiconductor design, Fan Zhehao said that communication applications continue to dominate the semiconductor market, automotive semiconductors will be the application field with the largest growth rate of semiconductors in the future, and the influence of generative AI continues to expand.

In terms of manufacturing, advanced semiconductor process technology will promote terminal application revolution and market competition. In terms of packaging and testing, Fan Zhehao pointed out that advanced packaging technology is booming, which will meet the demand for high computing power such as AI while promoting heterogeneous integrated architecture.

Image source: https://zh.lovepik.com/image-400347543/science-and-technology-chip-scene.html

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