14 Apr 2022 -
 General

TECHCET: Silicon wafer shortage will not ease until 2024

Silicon wafer

The market size of silicon wafers will grow by more than 10% in 2022 to reach $15.5 billion, a year-on-year increase of 14.8%, which will be the first time in more than a decade that the silicon wafer market has achieved double-digit growth for two consecutive years. according to the latest report from TECHCET.

TECHCET said that currently major wafer suppliers such as Shin-Etsu Chemical, SUMCO, GlobalWafers, Siltronic and SK Siltron will expand production, but the completion of factory construction and commissioning is expected to be around 2024. Before that, the tension between supply and demand is difficult to ease, and the price may rise further.

TECHCET: Silicon wafer shortage will not ease until 2024-SemiMedia

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

For more help with looking at supply chain options, contact Astute Electronics

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