Wooptix moderates the Semiconductor Industry Outlook 2024
New growth engines will drive semiconductor industry: Auto and Industrial
The Semiconductor Industry Outlook 2024, the event organized by SEMI to provide the most relevant conclusions about the Semiconductor Industry from its leaders, was moderated by Wooptix. “The semiconductor industry is accustomed to cycles and has weathered many ups and downs over the years. We see exciting opportunities for growth in the age of Digital Transformation” SEMI explains.
The webinar, which took place during this month, included the following topics:
• Market Trends & Forecast
• Macroeconomic & Geopolitical Impacts
• Global Economics
• Supply Chain Resiliency
• Changing Competitive Landscape
• Innovation Across Ecosystem
• Semiconductor Fabs, Trends and Forecast
• Talent Gap and Workforce
The most remarkable conclusions obtained were about AI, New Growth and Supply Challenges:
Artificial Intelligence
AI is shifting the semiconductor growth driver from volume to value:
▪ Right now, the value of AI semiconductors is more accreted to design rather than manufacturing.
▪ The equipment industry, as the enablers of AI, should and will eventually benefit from it.
• New growth engines will drive semiconductor industry – auto and industrial
New Growth
Gartner ensured that new growth engines will drive semiconductor industry: Auto and Industrial.
Supply challenges
About material supply challenges, the Semiconductor Industry Outlook 2024 says: “Due to its increasing market value, and strong national security importance the semiconductor industry is increasingly subject to pressures from Geopolitics, Economic Trends, and the Retreat of Globalization”. The consequences are:
• Longer supply lead time and possibly interrupted supply due to insufficient capacity on critical materials
• Increasing bargaining power of dominant suppliers and possibly price increase
About SEMI
SEMI is a catalyst for connection, collaboration and innovation, helping the semiconductor industry to deploy lifechanging tech worldwide. Through its programs, communities, initiatives, products, and advocacy, SEMI informs its members, cultivates industry collaboration, drives action, and synchronizes innovation.
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