News dalla rete ITA

29 Ottobre 2020

Taiwan

OUTPUT OF TAIWAN'S IC INDUSTRY EXPECTED TO GROW OVER 20% IN 2020

Taipei, Oct. 27 (CNA) The production value of Taiwan's integrated circuit (IC) industry is expected to grow more than 20 percent from a year earlier in 2020 on the back of solid global demand for emerging technologies such as 5G, artificial intelligence and the Internet of Things applications, the Industrial Economics and Knowledge Center (IEK) said Tuesday.Citing the results of a research report, the IEK, a consulting group that is owned by the government-sponsored Industrial Technology Research Institute (ITRI), said that output generated by the local IC industry is expected to hit NT$3.21 trillion (US$111.2 billion) in 2020, up 20.7 percent from a year earlier.The IEK said the output is expected to grow 3.5 percent in 2021 to hit NT$3.33 trillion.In a news conference, IEK analyst Jerry Peng (彭茂榮) said that in addition to strong global demand, Taiwan's more effective efforts in fighting the COVID-19 pandemic have also helped the local IC industry generate higher output.Peng said the anti-pandemic efforts have allowed pure foundry operators to produce chips around the clock.According to Peng, the local IC industry rolls out 90 percent of its products in Taiwan, with only the remaining 10 percent produced in China or other overseas markets, so the disease has imposed only a limited impact on their operations.According to the IEK, output of the local IC manufacturing sector is expected to hit NT$1.81 trillion in 2020, up 23.2 percent from a year earlier, led by TSMC, which has benefited from the lead over its peers in high-end technology to meet demand for 5G and AI chips.In terms of IC packaging and testing services, the sector is expected to post NT$551.5 billion in production value in 2020, up 10.1 percent from a year earlier, the IEK said.(By Chung Jung-feng and Frances Huang)Enditem/J (ICE TAIPEI)


Fonte notizia: Organi di Stampa - Focus Taiwan News Channel