2020 was a Wild Ride
The onset of the COVID-19 pandemic cast a global shadow of uncertainty across multiple markets, including the semiconductor industry. Concerns were initially raised over the reliability of critical silicon supply chains, as well as a dip in demand. Fortunately, both concerns have been assuaged by booming chip sales and shipments, along with $110 billion of semiconductor M&A in 2020.
Memory Chip Sales
Indeed, the World Semiconductor Trade Statistics (WSTS) research firm recently said it sees chip sales increasing 5.1% to $433 billion in 2020. For 2021, the analyst group predicts chip sales will accelerate to 8.4% growth, reaching a total of $469 billion. According to John Neuffer, Semiconductor Industry Association (SIA) president and CEO, global semiconductor sales in October increased year-to-year by the largest percentage since March – and continued to demonstrate the global semiconductor market’s resilience to headwinds caused by the pandemic and other macroeconomic factors. Perhaps not surprisingly, memory chip sales are expected to increase 12.2% in 2020 to $119 billion, outpacing all other groups. Seen as the fastest-growing category, memory chips remain on track to achieve 13.3% growth in 2021.
Related Semiconductor IP
Related Blogs
- Arm China Remains A Wild Card
- And you thought the IP business was challenging
- What EDA needs to change for 2020 success?
- This downturn was NOT a classic semiconductor bust and boom, ignore industry fundamentals at your peril: Future Horizons
Latest Blogs
- Scaling Out Deep Learning (DL) Inference and Training: Addressing Bottlenecks with Storage, Networking with RISC-V CPUs
- Cadence Transforms Chiplet Technology with First Arm-Based System Chiplet
- Redefining XPU Memory for AI Data Centers Through Custom HBM4 – Part 2
- Redefining XPU Memory for AI Data Centers Through Custom HBM4 – Part 1
- Why Choose Hard IP for Embedded FPGA in Aerospace and Defense Applications