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]