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.
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SIA: strong long-term outlook for semiconductor market
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.
Global semiconductor market is expected to exceed $1 trillion in 2030
The global semiconductor market will exceed $1 trillion by 2030, with a compound annual growth rate of 7%, reports the electronics press.