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Global Semiconductor Industry on Track for 2024: SEMI

Sequential IC sales declines are beginning to moderate.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

With sequential IC sales declines beginning to moderate, the global semiconductor industry appears to be nearing the end of a downcycle and is expected to begin to recover in 2024, SEMI, in partnership with TechInsights, reported in the Semiconductor Manufacturing Monitor. In Q3 2023, electronics sales are projected to post healthy quarter-on-quarter growth of 10%, while memory IC sales are expected to log double-digit growth for the first time since the downturn started in Q3 2022. Logic IC ...

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