The Taiwanese semiconductor industry is expected to have a shipment value of NTD 2.5 trillion (USD82.8 billion; USD 1 = NTD 30.2) in 2018 and grow by 8.1% year-on-year, slightly lower than the global average of 10.1%, according to Taipei-based, government-backed IT research institute MIC (Market Intelligence & Consulting Institute) at a press conference held on August 28, 2018. "This owes largely to the sustained IC demand for commercial models, the advancement in 7nm process, and a considerable growth in memory IC market," says Chris Hung, senior industry consultant and Deputy General Director at MIC.

Taiwanese Semiconductor Industry's Shipment Value by Segment, 2010-2018

Note: USD1 = NTD 30.2
Source: MIC, August 2018

"Therefore, Taiwan's semiconductor is expected to grow steadily in 2018. While the memory IC industry is to witness an exponential growth of 25% compared to 2017, the fabless IC industry is estimated at 6.2% and the packaging and testing industry at 8.3%. What is noteworthy is that fabless IC designers are expanding service coverage to include ASIC (Application-Specific Integrated Circuit). For instance, MediaTek starts to provide ASIC services for its clients like Cisco and Sony."
 

To know more, please visit  Recap and Outlook for The Worldwide Wafer Foundry Industry in 2018, Global PC System Industry Outlook for 2018 and Beyond, The Taiwanese Fabless IC Industry, 2Q 2018, Taiwanese IC Packaging & Testing Industry, 2Q 2018; Taiwanese Semiconductor Manufacturing Industry, 2Q 2018

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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.