Shipment value of the global semiconductor industry is estimated to grow at 7.1% year-on-year, according to MIC (Market Intelligence and Consulting Institute), a Taipei-based research institute. "This is due largely in part to the increasing demand for ICs for use in industrial applications and automobile sector and the rising prices of DRAM ICs. These have offset the effect of declining PC market and subdued smartphone growth on the industry," says Charles Chou, industry consultant with MIC.

Global Semiconductor Market Value, 2010-2018

Source: MIC, June 2017

In the meantime, Taiwanese semiconductor industry is estimated to hit NTD 2.4 trillion (USD 79.7 billion; USD1 = NTD 30.1), up 3.5% year-on-year, slightly lower than the global average.

To know more, please visit: The Taiwanese Fabless IC Industry, 1Q 2017, Taiwanese Semiconductor Manufacturing Industry, 1Q 2017, Taiwanese Semiconductor Manufacturing Industry, 1Q 2017, Dynamics of the Worldwide DRAM Industry and Market

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About MIC

Market Intelligence & Consulting Institute (MIC), based in Taipei, Taiwan, was founded in 1987. MIC is Taiwan's premier IT industry research and consulting firm providing intelligence, in-depth analysis, and strategic consulting services on global IT product and technology trends, focusing on markets and industries in Asia-Pacific. MIC is part of the Institute for Information Industry. https://mic.iii.org.tw/english