Global semiconductor sector might grow 8% this year - News Summed Up

Trending Today

Global semiconductor sector might grow 8% this year

By Lisa Wang / Staff reporterThe global semiconductor industry will likely see its revenue increase by 8 percent this year on the back of increasing shipments of memory chips, statistics released yesterday by trade group SEMI showed. The global industry last year saw its revenue rise 20 percent annually to more than US$400 billion for the first time in history, the statistics showed. Memory chips are to make up between 25 and 30 percent of overall semiconductor revenue this year, compared with less than 25 percent in the past, he said. Worldwide semiconductor revenue is expected to top US$500 billion by next year, he said. “It would take price hikes of 300 percent to bring the silicon wafer price back to the level seen 10 years ago,” Tseng said.

Source: Taipei Times January 03, 2018 15:56 UTC