The top ten foundries grew revenues 7.9% to $28.29 billion, and Q4 revenues could grow faster, reports TrendForce. TSMC, with 58% market share, grew Q3 revenue by 10.2%—reaching $17.25 billion. The 3nm process alone contribut
2024 semiconductor sales are projected to grow 16.8% in 2024 to total $624 billion, according to Gartner after a 2023 market which is forecast to decline 10.9% to $534 billion. “We are at the end of 2023 and strong demand for chips
Last year, Aubrey Dunford, the ECSN (Electronic Components Supply Network) market analyst declared the UK electronics components market had returned to normality. At this year’s Electronics Components Forecast, he reclassified its status as a new,
Q4 smartphone shipments will see 7.3% y-o-y growth, says IDC. “The tide has finally turned, ” says IDC’s Nabila Popal. The market recovery will continue in 2024 with 3.8% growth expected, followed by low single-digit growth for 2022
Foxconn is expected to increase its Indian production of iPhones from 12-14% in 2023 to 20-25% in 2024. Earlier this week the company filed a securities notice in Taiwan that it would build a plant costing $1.54 billion at an unnamed
Tech investment in Europe will amount to about $45 billion this year compared to $82 billion last year, says a report from Atomico. Worst hit will be companies at the growth stage requiring late-stage capital injections to scale up.
