Events of the week

1. Global fab utilization rate will drop to 67%

2. Marvell is rumored to be laying off its NAND Flash control IC team in Taiwan, China.

3. The global MLCC market demand has entered a period of low-speed growth.

4. NVIDIA RTX 4090 is removed from the shelves in China

5. The consumer electronics industry is engaged in technological competition, and it is the general trend to "install" large models into mobile phones.

Industry trends are forward-looking

Inventory problem eases, semiconductor industry’s prosperity will improve next year

The global semiconductor output value is likely to decline by more than 10% this year. Although market visibility is still low, and customers mostly place urgent orders and short-term orders, semiconductor manufacturers believe that the supply chain inventory has been effectively reduced and will return to healthy levels. The economy is expected to improve next year. Demand in some markets such as automotive electronics continues to be sluggish, but TSMC has observed some early signs of stable demand in the personal computer (PC) and smartphone end markets, and believes that the semiconductor boom is nearing the bottom. (Taiwan Economic Daily)

SIA: Global semiconductor sales increased 1.9% month-on-month in September to US$44.89 billion

Data released by the U.S. Semiconductor Industry Association (SIA) showed that global semiconductor sales increased by 1.9% month-on-month in September, reaching $44.89 billion. Achieved month-on-month growth for 7 consecutive months. Although it fell 4.5% year-on-year, the decline narrowed month by month. (Financial Associated Press)

Global semiconductor prices will soar 20.2% next year

International Data Corporation ( IDC ) has upgraded its outlook for the semiconductor market, predicting an accelerated bottoming out and return to growth next year. In a new forecast, IDC raised its September 2023 revenue forecast to $526.5 billion from $518.8 billion. IDC believes that the U.S. market will remain resilient from a demand perspective, while China will begin to recover in the second half of 2024 (2H24), so the 2024 revenue forecast has also been raised to $632.8 billion from $625.9 billion. IDC believes semiconductor growth visibility will improve as secular inventory corrections subside in the two largest segments, PCs and smartphones. (Semiconductor Industry Observation)

Global fab utilization rate will drop to 67%

The global chip market will return to year-on-year growth in the fourth quarter of 2023, but fab utilization is expected to fall to 67% as inventory sales increase, in part due to increased inventory consumption, according to industry group SEMI. Forehead. Electronic equipment sales are expected to grow 22% sequentially in the fourth quarter of 2023, following 7% growth in the third quarter. Meanwhile, IC sales are expected to grow 4% sequentially after growing 7% in the third quarter of 2023 as end demand improves and inventory levels normalize. (Semiconductor Industry Observation)

Shenzhen's import and export increased by 6.4% in the first ten months

According to customs statistics, in the first 10 months, Shenzhen's cumulative import and export reached 3.16 trillion yuan, a year-on-year increase of 6.4% (the same below). In terms of exports, mechanical and electrical products accounted for more than 70%, and "three new products" and Laomi products grew rapidly. In the first 10 months, Shenzhen exported 1.46 trillion yuan of mechanical and electrical products, an increase of 8.5%, accounting for 72.3% of Shenzhen's total export value in the same period (the same below); among which, exports of computers and their parts, mobile phones, and integrated circuits were 204.5 billion yuan, 144.34 billion yuan, and 144.34 billion yuan. billion, 115.74 billion yuan, an increase of 4.2%, 6.9%, and 20.7% respectively; the "three new" products such as lithium-ion batteries, electric passenger vehicles, and solar cells were exported 55.07 billion yuan, 16.4 billion yuan, and 2.7 billion yuan respectively, an increase of 2.16% %, 376.8% and 28.8%. In terms of imports, Shenzhen’s imports of mechanical and electrical products accounted for more than three-quarters in the first ten months. Imported flat panel display modules were 62.16 billion yuan, an increase of 17.7%. (China Business News)

Yole: Silicon photonic chip market will exceed US$600 million by 2028

According to market research organization Yole Intelligence, Yole pointed out that the silicon photonic chip market will be worth US$68 million in 2022 and is expected to exceed US$600 million by 2028, with a compound annual growth rate of 44% from 2022 to 2028. The main factor driving this growth is 800G pluggable optical modules for high-speed data center interconnect and machine learning that require higher throughput and lower latency. (Science and Technology Innovation Board Daily)

Zhang Zhongmou: The United States wants to rebuild its huge semiconductor production capacity, but it is impossible in the short term!

According to news on November 19, the Asia-Pacific Economic Cooperation (APEC) Summit was recently held in San Francisco, USA. TSMC founder Zhang Zhongmou also participated in the meeting as a company representative. When attending an international press conference on the afternoon of the 18th, Zhang Zhongmou said, "It is simply impossible for the United States to re-establish a semiconductor manufacturing capacity of the same capacity (scale) as TSMC, at least in the short term." (Xinzhixun)

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