Industry chain: the semiconductor supply chain still faces market uncertainty next year and is expected to grow in 2024.

According to news on December 27, according to foreign media reports, after entering the second half of the year, the semiconductor market is also facing challenges due to the decline in demand for consumer electronic products. Both shipments and prices have declined. The agency expects the size of the global semiconductor market this year to fall to 580 billion US dollars, down 4.4% from the same period last year.

If the semiconductor market is not optimistic, it will affect the semiconductor supply chain, and the semiconductor supply chain is expected to continue to face challenges when the non-optimistic situation in the semiconductor market is expected to continue.

According to the latest report, industry chain sources believe that semiconductor supply chain manufacturers will still face relatively high market uncertainty next year and are not expected to embark on a clear growth track until 2024.

It is worth noting that research institutions that had expected the size of the global semiconductor market to fall to US $580 billion this year also mentioned in the report that due to the sharp decline in sales of memory chips, the size of the global semiconductor market will continue to decline next year and is expected to fall to US $557 billion.