Self-driving taxi services that combine ridesharing and autonomous vehicles have undergone road tests in 2017, and most companies expect to launch their commercial self-driving taxi services formally in 2021, which will tremendously change the future of transport. TrendForce estimates the CAGR of self-driving taxis to reach 81% from 2018 to 2023.
Fabless semiconductor giant Broadcom Limited (shortened here as Broadcom) announced on November 6 that the company is offering US$130 billion to acquire its rival Qualcomm. Qualcomm’s official response is that the company board is currently reviewing the proposal. This deal, if approved by Qualcomm’s board, represents another milestone for M&As in the global semiconductor sector as its value sets a new record high for the industry. Once completed, TrendForce expects the deal will expand Broadcom’s presence in the automotive electronics market. Furthermore, the joining of Broadcom and Qualcomm will impact the global foundry market and threaten the competitiveness of China's and Taiwan's IC industries in the future.
As 2017 comes to an end, global market intelligence provider TrendForce has unveiled a list of top 10 trends in the information and communication technology sector for 2018. These trends will be influencing the development of key industries in the upcoming year.
Themed as “development trends and opportunities of components industry” and “outlook on industrial innovation and application trends,” the IT Industry Forecast for 2018 was held by TrendForce, a global provider of market intelligence on technology industries, at the Jumeirah Himalayas Hotel Shanghai on October 26, 2017. The event was attended by 500 professionals ranging from talents of such high-tech industries as semiconductor, artificial intelligence (AI) and network communications to representatives of financial institutions and mainstream media. The symposium was kicked off by an opening speech delivered by Dr. C. L. Liu, president of TrendForce. Also, Dr. Yan Xiaolang, vice chairman of China Semiconductor Industry Association (CSIA) and head of professionals group on the construction of demonstration microelectronics college in China, participated in the conference and shared his insights on the global technology industries.
Industry 4.0 is a concept that has attracted a lot of attention in the global marketplace since its emergence in 2012. Following this conceptual framework, manufacturing companies in various industries have embarked on a mission to transform their operations by deploying smart technologies. TrendForce’s ongoing coverage of smart manufacturing solutions indicates that investments in related hard- and software have been growing steadily. Furthermore, this market is seeing rising demand and a trend towards integrated solutions. TrendForce forecasts that the size of the global market for smart manufacturing solutions will surpass US$320 billion by 2020.