Want China Times
By: CNA and Staff Reporter
The production value of Taiwan’s semiconductor sector is expected to grow only about 2% next year due to continued weak global demand, according to the Market Intelligence Center (MIC).
In a research report released on Sept. 15, the MIC said the output of the domestic integrated circuit industry is expected to increase to NT$2.2 trillion (US$67.5 billion) in 2016, up by an annual 2.2%.
With global demand remaining weak, the prices of dynamic random access memory (DRAM) chips are likely to continue to drop, dragging down the production value of that segment and affecting the entire IC industry in Taiwan, the MIC said.
The output of the global IC industry for 2016 is expected to grow 2.2% to US$343.4 billion, the MIC said. [FULL STORY]