Taiwan IC output expected to grow over 14%
CNATAIPEI--The output value of Taiwan's integrated circuit (IC) sector is expected to grow more than 14 percent in 2013 from a year earlier because of increasing demand for smartphones and tablets, according to a government report.
August 21, 2013, 12:01 am TWN
Although the global IC industry faced inventory adjustments in the first quarter, business has picked up since, signaling full-year growth for Taiwan's IC sector, the Industry and Technology Intelligence Services (ITIS) said in a recent report.
The output value of the domestic semiconductor sector is expected to total NT$1.87 trillion (US$62.33 billion) in 2013, up 14.4 percent from NT$1.634 trillion in 2012, the report said.
The ITIS, a research institute under the Ministry of Economic Affairs, said the IC design sector's output should grow 17.4 percent year-on-year to NT$483 billion, while that of the IC packaging and testing segments will rise 6.3 percent and 6 percent, respectively, to NT$289.1 billion and NT$128.8 billion.
The output value of the IC manufacturing segment, consisting of wafer foundry and memory chip businesses, is expected to rise 16.9 percent from a year earlier to NT$969.4 billion, the report predicted.