Industry News

The "chip" is cold! Authorities cut the global chip sales forecast for 2022 as recession risk increases

Update time : 2022-08-24 16:39:57

In its latest report, the World Semiconductor Trade Statistics (WSTS) has cut its forecast for chip sales growth this year to 13.9% from 16.3% previously, and expects chip sales to grow by only 4.6% in 2023, the lowest growth rate since 2019. For comparison, global semiconductor chip sales are expected to grow by 26.2% in 2021.

WSTS, based in California, is a non-profit organization that tracks global chip shipments. Its members include Texas Instruments, Samsung Electronics, Sony Semiconductor Solutions, and many other semiconductor industry giants.
WSTS expects the chip market to be $633 billion this year, with demand for chips in most categories expected to continue to show high year-over-year growth rates. Of these, logic chips are expected to grow at the strongest rate of 24.1 per cent, analogue chips at 21.9 per cent year-on-year and sensors at 16.6 per cent year-on-year. Optical chips are expected to remain the slowest growing category, with an expected growth rate of just 0.2% year-on-year.
Risk of recession weighs on chip sales growth
Chip sales figures have become an important indicator of global economic activity as households and businesses become increasingly reliant on digital devices and online services.
The International Monetary Fund (IMF) has already cut its global growth forecast last month and said that global economic growth in 2023 could be even lower than this year.

Previous : Ali won the first! Released the first high-performance risc-v chip platform Wujian 600

Next : TSMC's 3nm yield has reached 80%

How many chips does a car need?

Sep .19.2024

Automotive chips can be divided into four types according to their functions: control (MCU and AI chips), power, sensors, and others (such as memory). The market is monopolized by international giants. The automotive chips people often talk about refer to

Position and Function of Main Automotive Sensors

Sep .18.2024

The function of the air flow sensor is to convert the amount of air inhaled into the engine into an electrical signal and provide it to the electronic control unit (ECU). It is the main basis for determining the basic fuel injection volume. Vane type: The

Chip: The increasingly intelligent electronic brain

Sep .14.2024

In this era of rapid technological development, we often marvel at how mobile phones can run various application software smoothly, how online classes can be free of lag and achieve zero latency, and how the functions of electronic devices are becoming mo

LDA100 Optocoupler: Outstanding Performance, Wide Applications

Sep .13.2024

In terms of characteristics, LDA100 is outstanding. It offers AC and DC input versions for optional selection, enabling it to work stably in different power supply environments. The small 6-pin DIP package not only saves space but also facilitates install

About Us

About Us What we do Quality People

Products

CHIP/IC Active devices Passive device Components OTHER

China electronic components supplier----Wah Luen Shing Electronic.----www.wlschip.com

Leave a message