Taiwan’s semiconductor Industry To Grow Just 0.1 Per Cent In 2019

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  • Taiwan’s IC manufacturing segment is about to fall 2.1 per cent from a year earlier to NT$1.45 trillion in 2019
  • The local semiconductor industry is expected to continue to benefit from the strength of its IC design segment

According to a recent report by Industrial Technology Research Institute, Taiwan’s semiconductor industry is set to grow just 0.1 per cent from a year earlier in 2019 in the wake of a weakening global economy amid a trade war.

The report stated that Taiwan’s IC manufacturing segment is about to fall 2.1 per cent from a year earlier to NT$1.45 trillion in 2019, as the memory IC segment is likely to see a 25.8 percent year-on-year decline in output, which is forecast at NT$148.7 billion.

About the local semiconductor industry

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It mentioned that the local semiconductor industry is expected to continue to benefit from the strength of its IC design segment, which is forecast to generate NT$671.1 billion in production value in 2019, up 4.6 percent from a year earlier.

Chiang Po-feng, an ITRI analyst, told Focus Taiwan that chips used in automotive and industrial electronics devices are expected to serve as a driver to the global IC semiconductor sector’s growth.

He further stated that the global electronics sector is expected to see the compound annual growth rate during the 2018-2023 period up by 4.1 per cent, which is expected to lend strong support to the global IC industry.

 

 

 

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