A C-Suite favourite, the Global Semiconductor Monthly Report provides monthly analysis and commentary on the global semiconductor industry and the future market outlook and forecast.
“The Memory Market Is Booming … Sadly, Other Sectors Are Not”
The overall year-on-year total Semiconductor market grew 22.1 percent in May 2024, up from the 17.4 percent number of April 2024. This was the seventh consecutive month of double-digit annualised growth since the market turned positive in September 2023. As mentioned several times before, nice as they are, it is important not to get drunk on these heady headline numbers, given both the huge impact from memory, the stubbornly weak demand for IC units and the still declining
Analog IC, Discrete and Opto markets. You cannot have a real and sustainable market recovery whilst these sectors remain weak. Based on current trends, a broader-based industry recovery is unlikely before the first half of 2025.