Taiwan Doubles Global Semiconductor Growth in 2015

The global semiconductor market will be valued at $336.3 billion next year, a 3.1% YoY rise, says Taiwan’s MIC. Primarily this is due to the Apple Watch and new Internet of Things products. Taiwan’s shipment value will grow at almost double the global rate, up 6% to TWD2.2 trillion ($72.8 billion), driven by increased shipments of low- and mid-end smartphones and new smart handhelds and wearables.

This year, MIC expects shipment market volume to rise 6.7% YoY to $326.2 billion. Taiwan’s shipment value will total about TWD2 trillion ($66 billion): a 16% rise. Chris Huang of MIC says that the company’s semiconductor industry will be helped by “The pick-up in replacement demand for commercial personal PCs, continued strong sales of mid-to-lower-end smartphones and increased share of advanced manufacturing and high-end packaging processes”.

<img src=”MIC, Taiwanese Semiconductor Shipment Value, 2008