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Smartphone and IoT are the Main Growth Drivers: TSMC

By Vincent Wang
Published: Sep 01,2015

George Liu, Sr. Director at the Business Development Division of TSMC says that smartphone and Internet of Things (IoT) will still be the main growth drivers of the semiconductor industry

TAIPEI, Taiwan — The SEMICON Taiwan 2015 will be the highlight of semicondoctor industry this week, which is going to be held at Nangang Exhibition Hall from September 2 to 4. George Liu, Sr. Director at the Business Development Division of TSMC said in the SEMICON Taiwan 2014 press conference on September 1 that smartphone and Internet of Things (IoT) will still be the main growth drivers of the semiconductor industry.

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“It’s still too early to say that the smartphone market is declined, because there is no other replacement of smartphone yet.” commented George Liu. “In the long run, the prospect of the semiconductor industry is positive.”

George Liu stated that the short-term inventory adjustments in the global IC business is coming to an end. Ultimately, the outlook of the semiconductor and foundry industry is bright and light.

Furthermore, George Liu considered it’s still too early to say that the growth of the smartphone market has been slowing down. In other words, smartphone will still be the main growth driver of the industry in terms of the demand of sensors.

Last but not least, though it needs more time for IoT market to grow, George Liu is optimistic toward it will drive the sensor demand and new applications.

There will be 1,540 booths enrolled in SEMICON Taiwan 2015 and over 40,000 visitors are expected to attend the exhibition and conferences. As well as 23 seminars regarding the market trend and technology, discussing high-tech facility, sustainable, SiP (3D IC embedded), AP, Litho, CMP, MEMS, and IoT.

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