Taiwan News
Date: 2018/09/01
By: Central News Agency
The production value of Taiwan’s wafer foundry industry is expected to grow 8-10 percent
Taiwan’s semiconductor industry set for more growth. (photo by Paolo Neo) (By Wikimedia Commons)
from a year earlier in 2019 due to manufacturers’ efforts in developing high-end technology, according to the Market Intelligence & Consulting Institute (MIC).
The MIC, a research division of the Taipei-based government-sponsored Institute for Information Industry, said the expected 2019 growth rate will beat an estimated 6.4 percent for 2018.
In 2018, the production value of Taiwan’s wafer foundry business is forecast to hit almost NT$1.2 trillion (US$39 billion), according to the MIC.
It said the local wafer foundry industry has taken the lead over its peers in the global market in the advanced 7 nanometer processor development, and such efforts are expected to help the industry secure orders for application processors from high-end smartphone brands, sophisticated graphics processing units as well as chips used in artificial intelligence. [FULL STORY]
