In August 2022, U.S. President Biden signed into law the CHIPS and Science Act of 2022 to provide incentives for semiconductor manufacturing in the United States. In a case of creating the acronym first and then finding a name to fit, CHIPS stands for Creating Helpful Incentives to Produce Semiconductors. The act provides a total…| Semiwiki
The global semiconductor market is now solidly in a turnaround. WSTS revised its data for 2Q 2023 growth over 1Q 2023 to 6.0% from 4.2% previously. 3Q 2023 was up 6.3% from 2Q 2023. With our Semiconductor Intelligence forecast of 3% growth in 4Q 2023, the year-to-year growth in 4Q 2023 will be a positive…| Semiwiki
Production of electronic devices is finally on the uptrend following a post-pandemic slump in late 2021. According to IDC, smartphone shipments versus a year ago turned negative in 3Q 2021 at -6%. The decline hit a low of -18% in 4Q 2022. Since then, smartphones have been recovering. IDC data is not yet available, but…| Semiwiki
The global semiconductor market grew 4.2% in 2Q 2023 versus 1Q 2023, according to WSTS. The 2Q 2023 growth was the first positive quarter-to-quarter change since 4Q 2021, a year and a half ago. Versus a year ago, the market declined 17.3%, an improvement from a 21.3% year-to-year decline in 1Q 2023. Semiconductor market year-to-year…| Semiwiki