Taiwan’s IC sector to outperform global growth in 2016: IEK

Taiwan News
Date: 2016-02-19
By: Central News Agency

Taiwan’s integrated circuit industry is expected to outperform global growth in output value in 2016 because of the country’s strong wafer foundry and IC design segments, a Taiwanese research institute said Friday.

The output of Taiwan’s IC industry is expected to grow 2.4 percent in 2016 from a year earlier to NT$2.31 trillion (US$68.75 billion), according to the Industrial Technology Research Institute’s Industrial Economics and Knowledge Center (IEK).

That will exceed the 1.7 percent year-on-year average growth forecast for the global semiconductor sector, the IEK said.     [FULL  STORY]

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