The nation’s integrated circuit (IC) industry’s production value is forecast to rise 15.4 percent to NT$5.12 trillion (US$163.1 billion) this year, the Taiwan Semiconductor Industry Association (TSIA) said yesterday.
The increase is expected to outpace the global semiconductor industry’s annual growth of 13.1 percent, the TSIA said in a report commissioned by the Industrial Economics and Knowledge Center of the Industrial Technology Research Institute.
Following inventory adjustments last year, the semiconductor industry should regain its growth momentum this year, driven by demand for artificial intelligence and high-performance computing, the association said.
Photo: Bloomberg
Global semiconductor sales are expected to total US$595.8 billion this year, it said.
Taiwan’s chipmaking industry would grow 16.6 percent to NT$3.1 trillion, with foundry, led by Taiwan Semiconductor Manufacturing Co (台積電), rising by a similar pace to NT$2.91 trillion, it said.
The IC design sector would see production value rise 14.6 percent to NT$1.26 trillion, while IC packaging is to surge 11 percent to NT$436.2 billion and IC testing is to grow 12.6 percent to NT$214.6 billion, the TSIA said.
In the fourth quarter of last year, global semiconductor sales totaled US$146 billion, up 8.4 percent quarter-on-quarter and 11.6 percent year-on-year, the association said, citing World Semiconductor Trade Statistics.
However, sales volume over the period slumped 5.8 percent sequentially and 11.5 percent annually to 223.4 billion units.
The average selling price was US$0.653, up 15 percent quarter-on-quarter and 26.1 percent year-on-year, it said.
Globally last year, semiconductor sales fell 8.2 percent year-on-year to US$526.8 billion, the TSIA said.
By country, sales dropped 5.3 percent in the US, 3.1 percent in Japan and 14 percent in China, but Europe bucked the trend, increasing 4 percent, it said.
In Taiwan last year, IC industry production value fell 10.2 percent to US$139.2 billion, the Industrial Economics and Knowledge Center said.
Using methodology from the US General Services Administration to quantify the contribution of the semiconductor industry to the nation’s economy, the TSIA found that it constituted 13.1 percent of GDP in 2022, or NT$2.98 trillion.
Compared with its contribution of NT$790 billion in 2012, the sector has contributed 3.75 times more over the past decade with an annual compound growth rate of 14.1 percent, the association said.
This shows that the nation’s semiconductor industry has transformed from a “technological follower to a leader,” creating economic value that is not easy to duplicate elsewhere, it added.
A magnitude 7.0 earthquake struck off Yilan at 11:05pm yesterday, the Central Weather Administration (CWA) said. The epicenter was located at sea, about 32.3km east of Yilan County Hall, at a depth of 72.8km, CWA data showed There were no immediate reports of damage. The intensity of the quake, which gauges the actual effect of a seismic event, measured 4 in Yilan County area on Taiwan’s seven-tier intensity scale, the data showed. It measured 4 in other parts of eastern, northern and central Taiwan as well as Tainan, and 3 in Kaohsiung and Pingtung County, and 2 in Lienchiang and Penghu counties and 1
A car bomb killed a senior Russian general in southern Moscow yesterday morning, the latest high-profile army figure to be blown up in a blast that came just hours after Russian and Ukrainian delegates held separate talks in Miami on a plan to end the war. Kyiv has not commented on the incident, but Russian investigators said they were probing whether the blast was “linked” to “Ukrainian special forces.” The attack was similar to other assassinations of generals and pro-war figures that have either been claimed, or are widely believed to have been orchestrated, by Ukraine. Russian Lieutenant General Fanil Sarvarov, 56, head
‘POLITICAL GAME’: DPP lawmakers said the motion would not meet the legislative threshold needed, and accused the KMT and the TPP of trivializing the Constitution The Legislative Yuan yesterday approved a motion to initiate impeachment proceedings against President William Lai (賴清德), saying he had undermined Taiwan’s constitutional order and democracy. The motion was approved 61-50 by lawmakers from the main opposition Chinese Nationalist Party (KMT) and the smaller Taiwan People’s Party (TPP), who together hold a legislative majority. Under the motion, a roll call vote for impeachment would be held on May 19 next year, after various hearings are held and Lai is given the chance to defend himself. The move came after Lai on Monday last week did not promulgate an amendment passed by the legislature that
FOREIGN INTERFERENCE: Beijing would likely intensify public opinion warfare in next year’s local elections to prevent Lai from getting re-elected, the ‘Yomiuri Shimbun’ said Internal documents from a Chinese artificial intelligence (AI) company indicated that China has been using the technology to intervene in foreign elections, including propaganda targeting Taiwan’s local elections next year and presidential elections in 2028, a Japanese newspaper reported yesterday. The Institute of National Security of Vanderbilt University obtained nearly 400 pages of documents from GoLaxy, a company with ties to the Chinese government, and found evidence that it had apparently deployed sophisticated, AI-driven propaganda campaigns in Hong Kong and Taiwan to shape public opinion, the Yomiuri Shimbun reported. GoLaxy provides insights, situation analysis and public opinion-shaping technology by conducting network surveillance