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Development prediction for reminiscence chip market halved for subsequent yr

Seoul: Main business tracker World Semiconductor Commerce Statistics (WSTS) on Wednesday minimize in half its development projection of the worldwide reminiscence chip market subsequent yr.

WSTS, a non-profit organisation of chipmakers, forecast the reminiscence market to increase 8.5 per cent year-on-year to $171.6 billion subsequent yr, down from a development price of 18.4 p.c with $190.7 billion it forecast in its August report.

Whereas the company didn’t elaborate, falling DRAM costs and an anticipated slowdown in reminiscence demand are believed to have contributed to the revision.

It additionally predicted the general semiconductor market to develop by 8.8 p.c subsequent yr, “pushed by double-digit development of the sensors and logic class.” It had beforehand mentioned the market would develop by 10.1 p.c.

Among the many chip varieties, sensors are anticipated to develop by 11.3 p.c, adopted by logic chips at 11.1 p.c, analog chips at 8.8 p.c and reminiscence chips at 8.5 p.c, reviews Yonhap information company.

For this yr, the semiconductor market was not “negatively impacted by the COVID-19 pandemic,” WSTS mentioned, including strong shopper demand pushed many of the main product classes to double-digit development charges.

Based in 1986, WSTS releases month-to-month business cargo statistics and has greater than 40 member corporations, together with Samsung Electronics and SK hynix.

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Written by VK Team

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