Worldwide silicon wafer shipments decreased 9.6% quarter-over-quarter to 3,010 million square inches in the third quarter of 2023, a 19.5% drop from the 3,741 million square inches recorded during the same quarter last year, the SEMI Silicon Manufacturers Group (SMG) reported in its quarterly analysis of the silicon wafer industry. “The decline in global silicon shipments continued as a result of the ongoing broad-based inventory correction cycle,” said Anna-Riikka Vuorikari-Antikainen, chair...