IC output forecast to continue rising over 7% next year
CNATAIPEI--The production value of Taiwan's integrated circuit sector for next year is expected to see annual growth of over 7 percent on the rising popularity of handheld devices, Taiwan-based Market Intelligence & Consulting Institute (MIC) said Tuesday.
September 18, 2013, 12:11 am TWN
Chris Hung, a research manager with MIC, said that worldwide demand for personal computers is likely to stabilize in 2014 as the world economy stages a rebound, boosting IC output.
Hung said output from Taiwan's semiconductor industry is expected to total about NT$1.9 trillion (US$63.84 billion), up 7.8 percent from the predictions for this year.
At the same time, Taiwan's IC manufacturers could face fiercer-than-ever competition in the global market, in particular in the advanced 28 nanometer technology segment, driving down the prices of chips, he said.
More and more Chinese firms are jumping into the market, while U.S.-based Qualcomm Inc. is expected to continue to be a threat to its Taiwanese counterparts, Hung said.
According to the MIC, production value of the world's IC sector is expected to grow 3.8 percent in 2014, to US$310.4 billion.
But Taiwan's businesses look ready to maintain a competitive edge in terms of output growth.
Taiwan's 2013 IC Output to Grow 13.7 Percent Annually
Over 2013, output of Taiwan's IC sector is expected to grow 13.7 percent from a year earlier to NT$1.76 trillion, outpacing the 2.4 percent growth rate of the global semiconductor industry, which grew to US$299 billion.
The production value of Taiwan's IC design segment for 2013 is expected to total NT$456.8 billion, up 8.9 percent from a year earlier.
Output of the local IC manufacturing segment for 2013 is expected to rise 19.2 percent from a year earlier to NT$927.8 billion, while output of the IC packaging and testing services segment could grow 7.3 percent to NT$373.1 billion.