Industry News

ELECTRONICS NEWS HIGHLIGHTS W29.2023

1. PROCESSOR MARKET SIZE IS EXPECTED TO DROP TO $150 BILLION IN 2023  According to the latest report from Yole Intelligence, the market for processors, including CPUs, GPUs, APUs, and FPGAs, fell to $157 billion in 2022 from $159 billion in 2021 due to weak consumer electronics demand. And it is expected to continue to […]

ELECTRONICS NEWS HIGHLIGHTS W27-2023

1. MICRON CUT PRODUCTION BY 30%  In November last year, Micron announced that it would cut memory chip production by 20%, due to many manufacturers having inventories and falling market demand. Entering this year, sales revenue of PCs and smartphones continues to decline, leading to a decrease in the demand for memory chips from manufacturers. […]

ELECTRONICS NEWS HIGHLIGHTS W26-2023

1. INTEL TO INVEST ANOTHER $25 BILLION IN ISRAEL  Israel’s prime minister Binyamin Netanyahu announced on Sunday that Intel will invest $25 billion on semiconductor manufacturing facilities in the country.  To be located in the town of Kiryat Gat, the factory is slated to open in 2027 and operate through at least 2035, according to […]

ELECTRONICS NEWS HIGHLIGHTS W25.2023

1. SEMI: GLOBAL SEMICONDUCTOR EQUIPMENT SHIPMENTS UP 9% YOY IN Q1 2023  According to SEMI’s latest report, global semiconductor equipment sales in the first quarter of 2023 increased by 9% year-on-year to US$26.8 billion, but fell by 3% quarter-on-quarter.   “Semiconductor equipment revenue in the first quarter was robust despite macroeconomic headwinds and a challenging industry […]

ELECTRONICS NEWS HIGHLIGHTS W22.2023

1. UK ANNOUNCES SEMICONDUCTOR PARTNERSHIP WITH JAPAN British Prime Minister Rishi Sunak has announced a semiconductor partnership with the Japanese government, seeking to reduce risk by diversifying its chip supply chain, according to reports. Sunak said its semiconductor partnership with Japan will include R&D collaboration and skills exchange, strengthening each country’s domestic sector and enhancing […]

ELECTRONICS NEWS HIGHLIGHTS W21.2023

1. BLOOMBERG: US CHIP IMPORTS UP 13% IN Q1  According to Bloomberg, U.S. chip imports rose 13% to $15.4 billion in the first quarter of this year. The report indicates that chip exports from China to the US fell by 10.8%, from Malaysia by 33%. Meanwhile, Thailand has doubled and India has increased 38 times […]

ELECTRONICS NEWS HIGHLIGHTS W20.2023

1. MANUFACTURERS SCALE BACK GROWTH EXPECTATIONS  Expectations for U.S. manufacturing growth have diminished since the Institute for Supply Management’s year-end outlook in December. Revenue for 2023 is expected to increase, on average, by 1.7 percent. This is 3.8 percentage points lower than the December 2022 forecast of 5.5 percent. “Manufacturing continues its comeback from the […]

ELECTRONICS NEWS HIGHLIGHTS W19.2023

1. SIA: GLOBAL SEMICONDUCTOR SALES FELL 8.7% IN THE FIRST QUARTER  According to the Semiconductor Industry Association (SIA), global semiconductor sales totaled $119.5 billion in the first quarter of 2023, down 8.7% from the fourth quarter of 2022. “Semiconductor sales continued to slip during the first quarter of 2023 due to market cyclicality and macroeconomic […]