Updates to Semiconductor Market Research Services on Website & Mobile App:
- Silicon Demand – V21.03
Fueled by the work-at-home economy and the rapid rise of e-commerce, silicon demand increased 7% in 2020—an impressive feat given the state of the world economy and the disruptions in many parts of the supply chain. The pandemic has accelerated the digital transformation of the economy and is creating sustained demand for semiconductors. That, coupled with an improving macro backdrop, has led to a significant increase in semiconductor demand in 2021. The spike in demand has resulted in shortages in many semiconductor segments. Chipmakers are adding more capacity to meet demand; however, shortages are not expected to abate until the second half of the year. Silicon demand is expected to increase 11% in 2021 with all major segments increasing by double digits.
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