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The World Semiconductor Trade Statistics (WSTS) organisation has unveiled its latest projections for the global semiconductor market, highlighting robust growth expectations for 2024 and 2025. 2024: a year of strong rebound In its updated fall forecast, WSTS has revised its 2024 projections upward, anticipating a significant 19.0% year-over-year growth in the semiconductor market. The global
Texas Instruments (TI) has begun production of gallium nitride (GaN)-based power semiconductors at its factory in Aizu, Japan. Coupled with its existing GaN manufacturing in Dallas, Texas, TI will now internally manufacture four times more GaN-based power semiconductors, as Aizu ramps to production. “Building on more than a decade of expertise in GaN chip design
Worldwide silicon wafer shipments increased 5.9% quarter-over-quarter to 3,214 million square inches (MSI) in the third quarter of 2024 and registered 6.8% growth from the 3,010 million square inches recorded during the same quarter last year, the SEMI Silicon Manufacturers Group (SMG) reported in its quarterly analysis of the silicon wafer industry. “The third quarter
The global semiconductor manufacturing industry in the third quarter of 2024 showed strong momentum with all key industry indicators performing positive quarter-on-quarter (QoQ) increases for the first time in two years, SEMI announced in its Q3 2024 publication of the Semiconductor Manufacturing Monitor (SMM) Report, prepared in partnership with TechInsights. The growth is fuelled by
$1,000 is the figure to keep in mind to visualise the key role of semiconductor technologies within the automotive industry in 2029. Yole Group’s analysts announce a $100 billion automotive semiconductor market at that time. Behind those figures, ADAS and safety will experience the highest growth with 14% CAGR between 2023 and 2029. Electrification is
Back-end equipment spending has always been in the range of 1% of the total semiconductor industry revenue, confirms Yole Group. Hence, the back-end segment is expected to grow in line with semiconductor growth. The semiconductor market recovery in mainstream segments like automotive, industrial, and consumer has been slower than expected in Q2 and will continue
According to Global Market Insights Inc., the global consumer robotics market size will grow at over 26% CAGR from 2024 to 2032. Significant advancements in artificial intelligence (AI) and machine learning technologies have made consumer robots more intelligent, versatile, and user-friendly, expanding their applications in households. The increasing consumer awareness of the benefits of automation,
In a rapidly evolving electronics landscape, staying ahead of market trends is more critical than ever. Mouser Electronics has shared valuable insights into how consumer-driven trends shape supply chain demands, the balance between AI advancements and energy efficiency, and the importance of transparency in sourcing genuine components. How to predict future supply chain demands using
Global semiconductor sales soared 23.2% year on year to $166.0 billion in the third quarter of 2024, says the Semiconductor Industry Association (SIA). Sales grew 10.7% more than the second quarter of 2024. Global sales were $55.3 billion during the month of September 2024, an increase of 4.1% compared to the August 2024 total of
The consolidation of sales in the German component distribution market continues. The third quarter of 2024 also fell short of expectations. With a drop of almost 43%, the turnover of the FBDi reporting members decreased to €779 million, the lowest level since the end of 2020. Bookings also remained moderate, reinforcing the view that a