June 1, 2023
Chip into the winter, looking forward to 2024
The chip industry has entered a cold winter. In the first quarter of 2023, the global semiconductor industry sales fell by 5.2%, and the Chinese mainland was down by 31.6. In the fourth quarter of 2022, revenues of the top 15 global semiconductor suppliers fell 14 percent compared to the previous quarter. In terms of equipment, mainland imports of semiconductor equipment manufacturing fell 28.8 percent year on year and are projected to shrink by 16 percent year on year to $91.2 billion in 2023. As semiconductor companies face the challenge of returning to growth by 2024, layoffs have become the preferred option. Intel, Micron and Qualcomm have all announced layoffs. So for the start-up chip companies, how to survive in this environment, shipping, financing has become the top priority. The semiconductor industry is a cyclical business, and every semiconductor crash is a good time to gain market share, so perhaps expect an upturn in 2024 and take decisive action to prepare for the coming recovery.
https://www.icscircuit.com/
