CHINESE COMPETITION:Taiwan would continue to lead the industry, but it needs to take measures if it wants to keep up with the competition from China, an analyst said
Date: Nov 10, 2015
By: Lisa Wang / Staff reporter
The nation’s semiconductor industry is expected to grow its revenue 4 percent next year on improving smartphone demand, market researcher the Industrial Economics and Knowledge Center (IEK) said yesterday.
Taiwanese semiconductor companies are to expand their revenues to NT$2.34 trillion (US$71.27 billion) next year, compared with this year’s estimated NT$2.24 trillion, the IEK said.
The growth is to be primarily supported by the foundry sector’s estimated 9.9 percent annual growth, while most sectors are to grow less than 5 percent next year, the IEK said.
The nation would continue to outpace the world in the semiconductor industry, which is only expected to see a growth of less than 2 percent next year, the center said. [FULL STORY]