Global semiconductor and smartphone shipments are projected to grow 12% while server system and networking communication device shipments to grow at 4% year-on-year in 2021, according to MIC (Market Intelligence & Consulting Institute), a government think tank and a leading IT research institute in Taiwan. “The growth factors of global semiconductor shipments include the user-end market demand comeback, and the surging demand for HPC (High Performance Computing) and 5G application services”, said Chris Hung, Deputy Director General at MIC. “MIC also expect the smartphone industry to regain momentum on account of the replacement demand for 5G phones, product optimization of phone brands, and aggressive deployment of mobile processor brands. Meanwhile, the WFH trend and 5G commercialization will drive demand for server and network equipment upgrades and global datacenter deployments, thereby boosting server and network equipment shipments in 2021.”

Global ICT Market Forecast in 2021

Source: MIC, October 2020

Amid the COVID-19 pandemic, the WFH (Work From Home) trend has triggered the development of IoT (Internet of Things) to minimize human contact involved in manufacturing, medical surveillance, and reception services.

Source: MIC, October 2020

To further explore the opportunities amid COVID-19 outbreak, we are pleased to announce that MIC has arranged more than 20 topical sessions for the upcoming 33rd MIC Forum, to be held at Shangri-La's Far Eastern Plaza Hotel, Taipei (Taiwan), from October 28 to 30. To know more, you may browse through the Event website (only in Mandarin).

To know more about this topic, please visit:  Worldwide Major Mobile Phone Vendor Performance, 2Q 2020, Taiwanese Semiconductor Manufacturing Industry, 2Q 2020, The Taiwanese Fabless IC Industry, 2Q 2020, 5G Development in Korea, United States, China, Europe, and Japan