The resultuous demand for semiconductor products in the next year could be influenced by the reports of many companies in that industry, but the official statistics confirm that the unfavorable trend is also attributed to the public statistics. For Taiwanese semiconductor exporters, November was the first time since the first time in 42 months, when revenues stopped growing.
Image source: TSMC.
Taiwan makes great income from chips export. The local company TSMC controls half of the global market for semiconductor contract manufacturing, and the share of the international stage of advanced lithography surpasses 90%. As reported by DigiTimes in November, Taiwanese enterprises with the export of semiconductor components decreased sequentially by 23,4%, bringing to 50,1 billion $. The pandemic caused the increase in chip production, but the evolution of the year’s forecast to the global economy put down the trend.
Taiwan’s export sales are declining for three months in a row, so the environment in the semiconductor industry isn’t unique. December has fallen to an average of 19% from year to year. In general, in the 11 months of this year, Taiwanese companies managed to earn $443.78 billion from exporting products, which is 9.4% more than last year’s result. However, the summer months had the intention to change the tone and prompted a lot of optimism from Taiwan and increased its export productivity.
Taiwan isn’t the only one who does not solve the semiconductor problems in the market, as the South Korean economy suffers from the latest trends in the industry. In November, the export of local chip suppliers has decreased by half from 30 cents annually and the total income has declined for the second month in a row.
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