MIC: Taiwan’s semiconductor industry to continue outperforming the global average in 2017

In 2017, the Taiwanese industry is anticipated to continue growing steadily owing in large part to the growth in the fabless IC sector as a result of the increasing smartphone orders

Taiwan News
Date: 2017/03/01
By: George Liao, Taiwan News, Staff Writer

Taipei (Taiwan News)–Bolstered by the increased demand for smartphone ICs in the

Taiwan’s semiconductor industry witnessed a stronger YOY growth in 2016, higher than the global average, MIC said. (photo courtesy of TSMC)

second quarter of 2016, Taiwan’s semiconductor industry as a whole managed to witness a stronger year-on-year growth in 2016, higher than the global average, according to Taipei-based IT research institute MIC (Market Intelligence & Consulting Institute).

In 2017, the Taiwanese industry is anticipated to continue growing steadily owing in large part to the growth in the fabless IC sector as a result of the increasing smartphone orders and the sustained momentum in the foundry industry as a result of advanced process technologies, the IT industry research and consulting firm said.

With regard to the global semiconductor market, the market will be able to resume single-digit growth in 2017 as the PC market decline is slowing down and automotive electronics demand is taking off, MIC said.    [FULL  STORY]

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