Business
Slight 3% growth of global PC shipments in Q1 2024
Canalys reported that the worldwide PC market experienced a positive start in 2024, with a 3.2% annual increase in total shipments of desktops and notebooks during the first quarter, reaching 57.2 million units. While notebook shipments surged by 4.2%, desktop shipments remained relatively stable, d
3 min read
AP-SoC shipments to rebound 9% YoY in 2024
Counterpoint Research forecasts a 9% year-over-year rebound in smartphone AP-SoC shipments, driven primarily by the transition to more advanced nodes, especially 3nm chips in flagship devices. This shift, along with the expanding demand for premium and ultra-premium smartphones, is expected to benef
3 min read
China emerge as largest semiconductor equipment market with 29% y-o-y growth in 2023
Industry body SEMI reported worldwide sales of semiconductor manufacturing equipment slightly declined by 1.3% in 2023, reaching $106.3 billion compared to the record-setting $107.6 billion in 2022. Further findings shared by SEMI: China, Korea, and Taiwan, the top three regions in chip equipment
2 min read
India's EV sales to grow by 66% in 2024
Counterpoint Research reported that the India's electric vehicle (EV) market witnessed remarkable growth in 2023, nearly doubling its sales amidst rising consumer interest, government support, and environmental concerns. Projections by Counterpoint for 2024 indicate a 66% surge in EV sales, constitu
2 min read
EV sales to slow down in 2024, with a projected increase of 21%
ABI Research reported that the growth of Electric Vehicle (EV) sales is expected to slow down significantly in 2024, with a projected increase of 21%, down from 31% in 2023 and 60% in 2022. Despite concerns about charging infrastructure and range limitations, these factors aren't solely responsible
3 min read
SIA: Global semiconductor sales up by 16.3% YoY in Feb 2024
US based semiconductor industry body SIA announced global semiconductor industry sales totaled $46.2 billion during the month of February 2024, an increase of 16.3% compared to the February 2023 total of $39.7 billion but a decrease of 3.1% from the January 2024 total of $47.6 billion. “Although
2 min read
e-peas secures €17.5 Million funding for energy harvesting innovation
e-peas, renowned for its leadership in ultra-low power management for energy harvesting, announces the successful closure of a new funding round totaling €17.5 million. Spearheaded by Otium Capital, the round also saw participation from new investors Nomainvest and EIC Fund, alongside existing backe
2 min read
Semiconductor device revenue for mobile and consumer reached $296 billion in 2023
The semiconductor industry market segments of mobile and consumer generated $296 billion in revenue in 2023 with an expected CAGR of 2.1% to reach $383 billion in 2030, as per latest study by Yole . However it was -15% year-on-year-setback in 2023. A 4% year-on-year rebound is expected in 2024. T
2 min read
Semiconductor foundry revenue; both IDM and pureplay to see 15%+ growth in next 3 years
Omdia from its latest findings shared that the global semiconductor supply chain is forecasted to reach approximately $600 billion by 2024, having navigated through strategic inventory adjustments in recent quarters. Encouragingly, the semiconductor industry anticipates a promising trajectory as ent
3 min read
Top 5 semiconductor foundries expand market share to 88.8% with TSMC having 60%
TSMC continue to strengthen its hold on deep-node foundry market. In the latest findings of semiconductor foundry ranking for the 4th quarter of 2023, TrendForce shared these below findings: A notable 7.9% jump in 4Q23 revenue for the world’s top ten semiconductor foundries, reaching $30.49 billi
5 min read
Top 10 Semiconductor Companies News In This Week (Mar 11-15 2024)
Intel: Intel released details about the new Intel Core 14th Gen i9-14900KS processors. They're the fastest desktop processors globally, boasting up to 6.2 gigahertz (GHz) max turbo frequency. These processors are designed for gamers and creators who want top-notch power.
19 min read
Magnetic sensor market to reach US$3.7 billion in 2029, 4% CAGR from 2023 to 2029
The magnetic sensors are used in wide range of applications. From US$2.9 billion in 2023, it is projected to reach a value of US$3.7 billion by 2029 at steady 4% CAGR during this period, as per latest study by Yole. Further finding by Yole: This growth is enabled by advancements in TMR (Tunnel Mag
3 min read
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