www.trendforce.com, Sept. 17, 2024 –
In 2024, the semiconductor industry has gradually emerged from its downturn and entered a phase of gradual recovery.
Observing the market situation, as downstream demand increases, a number of domestic semiconductor industry projects are accelerating.
Recently, more than 30 semiconductor-related projects have entered the stages of signing contracts, construction, topping-out, and production etc.
These projects span areas such as EDA, AI, advanced packaging, materials, equipment, third-generation semiconductors, chip design, CMOS sensors, and memory, involving companies like Huahong, Semitronix, YASC, Skyverse, Hoshine, Smartsens, Sanan Semiconductor, and CFMEE etc.
Conclusion
The industry has revealed that from this year's market situation, the revenue of companies in the middle and upper reaches of the integrated circuit industry has generally improved, AI has become an important driving force for revenue growth, and the demand for acceleration chips such as GPU/HBM has increased. Some sub-sectors such as advanced packaging and equipment/materials related to the industrial chain have also benefited.
At the same time, as new energy vehicles drive the popularity of third-generation semiconductor materials, power devices such as silicon carbide are in high demand.
According to TrendForce, SiC is still showing an accelerated penetration trend in application markets such as automobiles and renewable energy where power density and efficiency are extremelyimportant.