Fueled by economic recovery and the transition to a digital economy, memory IC sales are forecast to reach $180.4 billion in 2022, exceeding the previous record high set in 2018...
Total semiconductor unit shipments, which include integrated circuits as well as optoelectronics, sensor/actuator, and discrete (O-S-D) devices...
Figure illustrates the worldwide quarterly year-over-year IC market increases from 1Q through 3Q and IC Insights’ forecast for 4Q of this year. As shown, the first half of 2018 started out with strong quarterly year-over-year growth for the IC market.
However, year-over-year IC market growth dropped to 14% in 3Q. Moreover, with the softening of the memory market, IC Insights projects that year-over-year IC market growth in 4Q will be only 6%.
Third quarter sequential growth confirms the slowing year-over-year trend. In 2017, 3Q/2Q IC market growth was 11%. This year, 3Q/2Q growth slowed to a 6% increase (the same rate as the long term average).
As mentioned, the softening memory market has started to become a “headwind” on total IC market growth. It is interesting that in 2017, the 3Q/2Q memory market growth rate was a very strong 18%. In contrast, the 3Q/2Q memory market increase in 2018 was 8%, less than half of last year’s rate.
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