In 2024, the semiconductor industry gradually emerged from the slump and entered a period of gradual recovery.
Observing the market situation, as downstream demand increases, several domestic semiconductor industry projects are accelerating.
Recently, more than 30 semiconductor-related projects have entered the stages of contract signing, construction, framing, and production.
These projects span areas such as EDA, AI, advanced packaging, materials, equipment, third generation semiconductors, chip design, CMOS sensors and memory, and involve companies such as Huahong, Semitronix, YASC, Skyverse, Hoshine, Smartsens, Sanan Semiconductor and CFMEE.
Conclusion
The industry has revealed that this year’s market conditions have led to an overall improvement in the revenue of mid- and upstream enterprises in the integrated circuit industry, with AI becoming an important driver of revenue growth and increasing demand for acceleration chips such as GPUs/HBMs. Some subsectors, such as advanced packaging and equipment/materials related to the industrial chain, have also benefited.
At the same time, demand for power devices such as silicon carbide is growing as new energy vehicles drive the adoption of third-generation semiconductor materials.
According to TrendForce, SiC is still showing signs of accelerating adoption in application markets such as automotive and renewable energy, where power density and efficiency are crucial.
Overall market demand is expected to maintain a growth trend over the next few years, with the global SiC power device market size expected to reach US$9.17 billion in 2028.
(Photo courtesy of Kako)
Previous article
(News) Price hike? PS5 sales in Japan plummet nearly 70%, hitting lowest this year
Next Article
(News) China raises retirement age for first time in 70 years
