MRO Magazine

Technavio Says the Growing Demand for Integrated Circuits Will Enhance the Semiconductor Foundry Service Market in Taiwan Through 2019

July 24, 2015
By Business Wire News


Technavio, a tech-focused research firm, has published a new report on the semiconductor foundry service market in Taiwan,which is expected to grow at a CAGR of more than 4% from 2015-2019.

According to the new Technavio report, the growing demand for integrated circuits (IC) in premium cars and several industries that deploy advanced sensor technology will propel the growth of the semiconductor industry during the forecast period. The growing demand for ICs is expected to drive investments in manufacturing capacities, leading to large-scale production of semiconductor chips, which are primarily manufactured in Taiwan.

“The foundry capacities in Taiwan are expected to account for about 70% of the semiconductor industry during the forecast period,” says Faisal Ghaus, Vice President of Technavio.

The report also indicates that the next big things for integrated circuits (IC) are Internet of things, smartwatches, and augmented reality. Foundries in the region are expected to manufacture ICs for these applications in the next 2-3 years.

“Foundry services such as Taiwan semiconductor manufacturing company are developing new processes like fully depleted silicon-on-insulator technology to meet the requirement for chipsets in smart devices,” adds Ghaus.

Technavio currently has more than 3000 market research reports on a huge range of topics, including:

About Technavio

Technavio is a leading global technology research and advisory company.

Founded in 2003, Technavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

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Technavio Research
Jesse Maida
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Media & Marketing Executive