Business

Advanced IC substrate market: CAGR of 9% to reach US$25.53 billion by 2029
Yole reported that the advanced IC substrate market currently dominated by organic core substrates, saw revenue decline in 2023, marking a year of correction. Further findings shared by Yole includes: However, starting in 2024, the industry is poised for growth, with an expected CAGR of 9% pro
4 min read
Global foundry industry’s revenue: Up by around 9% QoQ and 23% YoY in Q2 2024
Counterpoint Research reported its latest finding on global semicondcutor foundry industry. Below are the findings it shared in its release: The global foundry industry’s revenue increased by around 9% QoQ and 23% YoY in Q2 2024, indicating the industry had already bottomed out despite the relative
6 min read
SEMI: 2Q 2024 continued to show signs of improvement with significant growth of IC sales
SEMI announced its Q2 2024 publication of the Semiconductor Manufacturing Monitor (SMM) Report which it prepared in partnership with TechInsights. As part of this report, SEMI finds global semiconductor manufacturing industry in the second quarter of 2024 continued to show signs of improvement with
4 min read
TrendForce finds global DRAM revenues grew by 24.8% in 2Q24
TrendForce reported that the DRAM industry saw a significant revenue increase to US$22.9 billion in the second quarter of 2024—a QoQ growth of 24.8%. This surge was driven by expanded shipments of mainstream products that boosted revenue for most manufacturers. Contract prices remained on an upward
5 min read
VR/MR device shipments forecasted to reach 37.3 million units by 2030
TrendForce finds from its latest study that VR/MR device shipments could reach 37.3 million units by 2030, with a CAGR of 23% from 2023 to 2030. TrendForce anticipates the OLEDoS will dominate the high-end VR/MR market, with its technological share rising to 23% by 2030, while LCD will continue t
4 min read
Global semiconductor sales up by 6.5% in 2nd quarter 2024 compared to previous quarter
SIA reported the global semiconductor industry sales totaled $149.9 billion during the second quarter of 2024, an increase of 18.3% compared to the second quarter of 2023 and 6.5% more than the first quarter of 2024. Sales in June 2024 were $50.0 billion, an increase of 1.7% compared to the May 2024
2 min read
SIA selects Synopsys' founder Aart de Geus for 2024 Robert N. Noyce Award
US baded semiconductor industry body SIA announced Dr. Aart de Geus, Synopsys executive chair and founder, has been selected as the 2024 recipient of SIA’s highest honor, the Robert N. Noyce Award. SIA presents the Noyce Award annually in recognition of a leader who has made outstanding contribut
5 min read
SEMI:Worldwide silicon wafer shipments increased 7.1% q-o-q in 2Q24
SEMI Silicon Manufacturers Group (SMG) reported that worldwide silicon wafer shipments increased 7.1% quarter-over-quarter to 3,035 million square inches (MSI) in the second quarter of 2024, but saw an 8.9% decline from the 3,331 million square inches recorded during the same quarter last year.
3 min read
AI-dedicated silicon for IoT revenues to reach US$7.3 billion by 2030
ABI Research said the chipset revenues from AI-dedicated silicon for IoT-focused applications reaching over US$7.3 billion by 2030. The trend driving this growth is due to embedded chipset vendors increasing their focus on Neutral Processing Units (NPUs) for Internet of Things (IoT) applications tha
3 min read
Europe centered 11-partner ECDA Consortium to up the diversity in chip industry
SEMI announced the launch of a consortium organized by the European Commission’s Erasmus+ programme to enhance Diversity, Equity, and Inclusion (DEI) in the European microelectronics sector. SEMI Europe and the new 11-partner European Chips Diversity Alliance (ECDA) consortium will develop an innova
3 min read
QuickLogic partners with Spur Microwave to serve Indian market
QuickLogic announced a new distribution agreement with Spur Microwave Inc. (Spur India). This partnership will significantly strengthen QuickLogic's presence and support for customers across the growing India market. Spur India is a prominent electronics distributor providing services and solutio
2 min read
AI server shipments in 2Q24 increased by nearly 20% QoQ
TrendForce’s latest industry report on AI servers reveals that high demand for advanced AI servers from major CSPs and brand clients is expected to continue in 2024. Meanwhile, TSMC, SK hynix, Samsung, and Micron’s gradual production expansion has significantly eased shortages in 2Q24. Consequently,
3 min read
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