On the cards: semiconductor market turnaround in H2
Electronics Weekly suggests that a resilient macroeconomic outlook will see a semiconductor demand rebound starting in H2 with extended lead times still troubling some industries.
Electronics Weekly suggests that a resilient macroeconomic outlook will see a semiconductor demand rebound starting in H2 with extended lead times still troubling some industries.
Recent global semiconductor sales data showed the industry experienced significant ups and downs in 2022. While chip sales reached the highest-ever annual total in 2022, the slowdown in the second half of the year substantially limited growth.
The global semiconductor market will exceed $1 trillion by 2030, with a compound annual growth rate of 7%, reports the electronics press.