The production value of Taiwan's integrated circuit (IC) industry is expected to reach NT$1.5 trillion (US$46.44 billion) this year, up 7.7 percent over last year, the Industrial Technology Research Institute (ITRI, 工研院) forecast yesterday.
ITRI's Industrial Economics and Knowledge Center (IEK, 趨勢研究中心) said Taiwan's IC production was valued at NT$1.07 trillion for the first three quarters of this year, up 6.8 percent over the same period last year, and the industry's production value is projected to hit NT$422.3 billion for the fourth quarter.
The IC design sector had the best performance, with production reaching NT$294 billion for the first three quarters, an increase of 27.4 percent year-on-year.
The worst-performing area was IC manufacturing, which saw its production value decline 1.2 percent year-on-year to stand at NT$546.3 billion.
IC packaging production rose 4.3 percent year-on-year to NT$164 billion and IC testing production increased 8.1 percent to NT$74.5 billion, IEK said.
IEK said IC packaging production should increase 12.9 percent in the fourth quarter -- on a quarterly basis -- to NT$70 billion and IC testing production will grow 7.4 percent to NT$29 billion.
While IC design production is expected to jump 4.7 percent to reach NT$117.8 billion, IC manufacturing production is likely to gain 4.8 percent to hit NT$205.5 billion, IEK said.