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Global sales of total semiconductor manufacturing equipment by original equipment manufacturers (OEMs) are forecast to set a new industry record, reaching $113 billion in 2024, growing 6.5% year-on-year, SEMI announced in its Year-End Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON Japan 2024. Semiconductor manufacturing equipment growth is expected to continue in the following
The semiconductor laser market is projected to grow from $3.1 billion in 2023 to more than $5 billion in 2029. Yole Group announces a 9% CAGR during this period. This growth will continue to be driven by several factors. Indeed, analysts underline significant and rapid technological advancements, a growing demand across multiple industries, and a
Mouser Electronics has promoted Kristin Schuetter to Senior Vice President of Products, effective January 1, 2025.
The consumer electronics market has faced significant challenges in recent years, with global sales fluctuating as consumers adjusted their budgets and spending priorities in response to rising costs and inflation. This downturn has led to a substantial $10 billion revenue decline since the market’s peak in 2021. But despite these setbacks, the industry is on
A session held at the Electronics Life Cycle and Supply Chain Summit provided attendees with a deep dive into how the electronic components market was performing, with a focus on industries including automotive, AI, smartphones and electric vehicles (EVs). Dennis Reed, Senior Research Analyst, Technology at Edgewater Research hosted the session and shared some of
Global semiconductor equipment billings increased 19% year-over-year to $30.38 billion in the third quarter of 2024, while quarter-over-quarter billings registered 13% growth during the same period, SEMI announced in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report. “The global semiconductor equipment market recorded robust growth in the third quarter of 2024 driven by investments aimed
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
