• Samsung Strike Has No Immediate Impact on Memory Production, with No Shipment Shortages, Says TrendForce


    Additionally, the spot prices for DRAM and NAND Flash had been declining prior to the strike announcement, and there has been no change in this downtrend since the announcement.


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Press Releases


20 June 2024

ST Maintains Top Spot with 32.6% Market, onsemi Rises to Second Place in 2023 Revenue Ranking for SiC Power Devices, Says TrendForce

TrendForce reports that the SiC power devices industry maintained strong growth in 2023, driven by the application of BEVs. The top five suppliers accounted for approximately 91.9% of total revenue; ST lead the pack with a 32.6% market share while onsemi rose from fourth place in 2022 to second place.

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19 June 2024

Foundry Market Shows Mixed Conditions with Price Adjustments for Specific Chinese Processes and Anticipated Price Increases for Taiwanese Advanced Processes, Says TrendForce

TrendForce reports that mid-year trends such as China’s 618 sales festival, the launch of new smartphones in 2H24, and the anticipated holiday sales season have driven inventory replenishment in the supply chain—positively impacting foundry capacity utilization and signaling a recovery from its operational low point.

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14 June 2024

Q1 Smartphone Production Increases Due to Low Base Last Year, Expected to Decline 5–10% in Q2, Says TrendForce

TrendForce reports that suppliers significantly reduced production targets in the first quarter of last year to address severe inventory accumulation in channels. Consequently, even though 1Q24 smartphone production was below pre-pandemic levels of over 300 million units, it still achieved a seemingly impressive 18.7% YoY growth, with a total shipment of 296 million units.

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20 June 2024

ST Maintains Top Spot with 32.6% Market, onsemi Rises to Second Place in 2023 Revenue Ranking for SiC Power Devices, Says TrendForce

TrendForce reports that the SiC power devices industry maintained strong growth in 2023, driven by the application of BEVs. The top five suppliers accounted for approximately 91.9% of total revenue; ST lead the pack with a 32.6% market share while onsemi rose from fourth place in 2022 to second place.

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19 June 2024

Foundry Market Shows Mixed Conditions with Price Adjustments for Specific Chinese Processes and Anticipated Price Increases for Taiwanese Advanced Processes, Says TrendForce

TrendForce reports that mid-year trends such as China’s 618 sales festival, the launch of new smartphones in 2H24, and the anticipated holiday sales season have driven inventory replenishment in the supply chain—positively impacting foundry capacity utilization and signaling a recovery from its operational low point.

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13 June 2024

Contract Price Increases Offset Seasonal Slump, Boosting DRAM Q1 Revenue by 5.1%, Says TrendForce

TrendForce reveals that the DRAM industry experienced a 5.1% revenue increase in 1Q24 compared to the previous quarter. This growth—reaching US$18.35 billion—was driven by rising contract prices for mainstream products, with the price increase being more significant than in 4Q23. As a result, most companies in the industry continued to see revenue growth.

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14 May 2024

Sharp Announces Closure of Sakai Gen 10 Line, Supply Cut of 5 Million TV Panels Expected in 2025, Says TrendForce

TrendForce reports that while the immediate impact on this year's supply will be minimal, the closure will significantly affect the TV panel market in 2025. The facility, dedicated entirely to LCD TV panel production, is expected to reduce the total available market supply by nearly 5 million units next year, representing 2% of the global supply.

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14 May 2024

Shipments of OLED Monitors Hit 200,000 Units in 1Q24, Annual Forecast to Reach 1.34 Million, Says TrendForce

TrendForce’s latest report reveals a robust start to 2024 for OLED monitors, with shipments reaching approximately 200,000 units in the first quarter—marking a YoY growth of 121%.

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8 May 2024

2024 Apple iPad Pro Estimated to Ship Between 4.5 to 5 Million Units, Says TrendForce

However, these advancements come with a price increase; the next-generation iPad Pro will be priced $200 higher than its predecessor. Furthermore, the introduction of a 13-inch iPad Air could potentially dilute consumer interest, affecting demand for other models. As a result, TrendForce estimates the combined shipment of the 11-inch and 13-inch AMOLED iPad Pro models will only reach between 4.5 to 5 million units in 2024.

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3 June 2024

[Press Release] Micro LED Chip Market Value Expected to Reach $580 Million by 2028, Focusing on Head-Mounted Devices and Automotive Applications, Says TrendForce

LED

Efforts to reduce the cost of Micro LED chips through size miniaturization are ongoing. Companies like LGE, BOE, and Vistar continue to invest in large display applications, while AUO has been focusing on developing smartwatch products. There is also growing demand for new display applications in head-mounted devices and for automotive uses. TrendForce’s “2024 Micro LED Market Trend and Cost Analysis Report” reveals that the market value of Micro LED chips is projected to reach $580 million by 2028, with a CAGR of 84% from 2023 to 2028.

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1 April 2024

Demand Rebounds, Global LED Industry Revenue Expected to Grow 3% in 2024 with Market Focus on Automotive Displays, Says TrendForce

LED

TrendForce’s latest LED industry report indicates that the global market is set to recover in 2024, with estimated revenues reaching US$13 billion—marking a YoY growth of 3%.

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4 March 2024

Global LED Lighting Industry Set to Benefit from an Estimated 5.8 Billion Units of Secondary Replacement Demand for LED Lamps and Luminaires in 2024, Says TrendForce

LED

TrendForce’s latest reports indicate a significant turning point for the LED lighting market in 2024, as an estimated quantity of 5.8 billion LED lamps and luminaires reach the end of their lifespan. This milestone is set to trigger a substantial wave of secondary replacements, breathing new life into the market and boosting total LED lighting demand to an impressive 13.4 billion units.

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6 June 2024

May EV Battery Demand and Prices Remain Stable, June Prices Likely to Drop, Says TrendForce

TrendForce research reveals that after experiencing low capacity utilization in the first quarter, the EV battery industry saw a significant recovery in market demand starting in March. April’s peak season led to a surge in demand, boosting lithium battery production and slightly raising EV battery prices. In May, the market continued its peak season trend with stable demand and prices. Monthly ASP for square ternary, square LFP, and pouch ternary cells were CNY 0.50/Wh, 0.43/Wh, and 0.52/Wh, respectively.

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12 April 2024

Rebound in March Lithium Prices Supports Steady Prices for EV Batteries; Price Pressures Persist Despite Anticipated Demand Increase in Q2, Says TrendForce

This uptick in raw material costs has provided a solid foundation for EV battery prices in China to hold steady, with notable stability observed across various battery types, including square ternary, square LFP, and pouch-type ternary EV batteries, which posted average prices of CNY 0.48/Wh, 0.42/Wh, and 0.50/Wh, respectively.

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2 February 2024

EV Battery Prices Fell by 4–7% in January, Decrease Expected to Slow Down in February, Says TrendForce

TrendForce’s latest research indicates that the global lithium battery market remained subdued in January, with cell makers still working through their inventories and production rates lingering at low levels. The ASP of EV cells has continued to fall—the most significant drop was observed in EV pouch cells, which saw a MoM decline of 7.3% to CNY 0.51/Wh. While prices are expected to continue declining in February, the rate of decrease is likely to slow down.

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14 June 2024

Q1 Smartphone Production Increases Due to Low Base Last Year, Expected to Decline 5–10% in Q2, Says TrendForce

TrendForce reports that suppliers significantly reduced production targets in the first quarter of last year to address severe inventory accumulation in channels. Consequently, even though 1Q24 smartphone production was below pre-pandemic levels of over 300 million units, it still achieved a seemingly impressive 18.7% YoY growth, with a total shipment of 296 million units.

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11 June 2024

Penetration Rate of AI NBs to Arrive at 20% by 2025 as AI Applications Steadily Refine and Actuate Consumer Demand, Says TrendForce

As indicated by TrendForce’s latest survey, global NB shipment remains inhibited in market dynamics due to geopolitics and high interest rates throughout 2024. Generally speaking, demand for replacement of entry consumer and educational models served as the actuation for market activeness for 1H24, whereas the pending stabilization of the economy and additional launches of AI NBs in 2H24 would stimulate the need of upgrading to high-performance NBs among enterprises. Annual shipment is projected at 173.45 million units at a YoY growth of 3.6% in 2024.

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3 June 2024

[Press Release] Foldable Phone Shipments Gradually Rise, Market Penetration Expected to Reach Nearly 5% by 2028, Says TrendForce

TrendForce reports that shipments of foldable phones are expected to reach 17.8 million units in 2024, making up only 1.5% of the smartphone market. Despite high repair rates and costs, market penetration is projected to climb to 4.8% by 2028.

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14 March 2024

US Satellite Direct-to-Device Market Expected to Hit US$6.5 Billion by 2027, Taiwanese PCB and Antenna Manufacturers Set to Enter Supply Chain, Says TrendForce

TrendForce’s projections foresee that the US satellite direct-to-device (D2D) market is expected to undergo significant growth, expanding from $430 million in 2023 to $6.5 billion by 2027 at a CAGR of 36%. This growth is driven by increasing subscriptions to satellite D2D services, potentially enabling telecom operators to expand beyond traditional mobile communication services into satellite communications.

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13 April 2023

Global Market Value of Non-Terrestrial Networks Expected to Reach US$8.8 Billion in 2026, Development of 5G NTN Technology to Accelerate, Says TrendForce

TrendForce predicts that the global market value of 5G NTN will jump from US$4.9 billion to $8.8 billion between 2023 to 2026—a CAGR of 7%. This rise in global market value will likely drive chip makers to begin developing 5G NTN technology.

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19 January 2023

Value of 5G Market Will Reach US$37 Billion in 2026 as Applications Related to Metaverse Act as Notable Demand Driver, Says TrendForce

TrendForce forecasts that the value of the global 5G market will reach US$14.5 billion in 2023 thanks to the promotion of 5G private networks by enterprises and the upgrading of the equipment purposed for small cells and 5G FWA. Then, the global 5G market will further scale up to US$37 billion in 2026, with the CAGR for the 2023~2026 period coming to 11.0%. Applications related to the Metaverse will help spur the demand for 5G networks during the period.

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4 June 2024

EV Traction Inverter Installations Decline by 27% QoQ in 1Q24, with China's Tier 1 Manufacturers Emerging as Key Highlights, Says TrendForce

TrendForce’s latest data on the global EV inverter market shows that the traditional off-season for EVs led to a significant drop in traction inverter installations in 1Q24, reaching just 5.22 million units—a 27% decrease from 7.14 million units in 4Q23. BEVs accounted for 48% of these installations, down 5% from the previous quarter. Meanwhile, the share for HEVs and PHEVs increased from 47% to 52%, highlighting that range anxiety continues to be a key concern for consumers when purchasing vehicles.

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30 May 2024

NEV Sales Increase 16.9% in the First Quarter of 2024 While PHEV Sales Surge Nearly 50%, Says TrendForce

Notably, this is the first time in three years that the YoY growth rate of quarterly global NEV sales has dipped below 20%. BEV sales reached 1.8 million units, up 4.2% YoY, while PHEV sales skyrocketed 48.3% to 1.041 million units.

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23 May 2024

China Retains Market Advantage in Battery Development Despite US Raising Tariffs on Chinese Battery Imports to 25%, Says TrendForce

TrendForce posits that Chinese EVs account for less than 2% of the US EV market, making the actual impact of these tariff hikes minimal. However, the increased battery tariffs are expected to raise EV production costs for US automakers. This could complicate efforts to reduce overall vehicle costs and incentivize consumer purchases.

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In-Depth Analyses


21 June 2024

Sluggish Module Orders Expected Next Month and Polysilicon and Wafer Sector See Clearance

Polysilicon: The mainstream concluded price for mono recharge polysilicon is RMB 34/KG, while mono dense polysilicon is priced at RMB 32/KG

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20 June 2024

Daily Express Jun.20,2024 Spot Market Today

In today’s DRAM spot market, the market momentum is subdued. Only a few inquiries appeared for DDR5 brand chips, and actual transactions occurred in low-price parts. Other demands for DDR3/DDR4 chips are sluggish, and the overall prices continue to trend downwards. In the mainstream category, the average price of DDR4 8G (1Gx8) 2666 drops to USD 1.834, and the average price of DDR4 512x8-240

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Daily Express Jun.19,2024 Spot Market Today

19 June 2024

In today’s DRAM spot market, the momentum remains weak. Factories continue to adjust their inventory levels, adopting a wait-and-see attitude to mitigate risks. No significant buying activity has been observed, and the trading situation is not ideal. In the mainstream category, the average price of DDR4 8G (1Gx8) 2666 remains at USD 1.835, and the average price of DDR4 512x8-2400/2666 remain


Daily Express Jun.18,2024 Spot Market Today

18 June 2024

In today’s DRAM spot market, there are actual demand inquiries for DDR4 1Gx8-3200 brand chips. Suppliers are adopting a more firm stance, slightly raising their quotations. However, buyers show a strong preference for lower-priced deals, resulting in a limited trading volume. In the end, the rest of the market remains sluggish with little activity. In the mainstream category, the average pri


Wood Mackenzie: U.S. module capacity added in the first quarter breaks record

18 June 2024

In the first quarter of this year, the United States added 11GW of new solar panel production capacity, breaking the historical record and b



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