• Material Shortages Impede Semiconductor Equipment Lead Time, Annual Growth Rate of Foundry Capacity to Narrow to 8% in 2023, Says TrendForce


    Before this latest equipment lead time delay, the annual growth rate of 12-inch equivalent (including 12-inch and 8-inch) capacity supplied by global foundries in 2022 and 2023 was estimated to be 13% and 10%, respectively.


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  • Server Shipments Maintain Growth in 3Q22, Though 2H22 Performance Concerns Linger, Says TrendForce


    Production plans including those of Dell and HPE have been significantly delayed but overall shipment performance will not be affected in the short term. Global server shipments are still forecast to grow by 6.5% QoQ in 3Q22.


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29 June 2022

Market Value of Micro LEDs for AR Smart Glasses Display Chips Forecast to Reach US$41 Million by 2026, Says TrendForce

LED

According to TrendForce's latest Micro LED research report, among many Micro LED display applications, Micro LED microdisplays will be the next new high-end product following on the heels of large-scale display development. The market value of Micro LED AR smart glasses display chips is forecast to reach US$41 million by 2026. The reason for such a significant growth in market value in just one year from 2025 to 2026 is primarily due to the gradual maturity of technologies such as red chips, laser transfer, wafer bonding and full-colorization, which can improve yield and reduce production costs.

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28 June 2022

Server Shipments Maintain Growth in 3Q22, Though 2H22 Performance Concerns Linger, Says TrendForce

According to TrendForce research, observing recent server market dynamics, ODM’s prior production plans have begun to gradually cool. Since the material mismatch cycle has improved significantly, server motherboard suppliers' stocking momentum began falling off in 2Q22. At the same time, pandemic lockdowns in Shanghai have impacted the production of some ODMs. Particularly, enterprise orders led by Inventec have borne the brunt. Production plans including those of Dell and HPE have been significantly delayed but overall shipment performance will not be affected in the short term. Global server shipments are still forecast to grow by 6.5% QoQ in 3Q22, mainly due to continued support from demand generated by companies accelerating cloud migration post-pandemic.

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23 June 2022

2022 a Focus for 12-inch Capacity Expansion, 20% Annual Growth Expected in Mature Process Capacity, Says TrendForce

According to TrendForce data, global wafer foundry capacity will increase by approximately 14% annually in 2022. Since expanding 8-inch capacity is not cost-effective and its growth rate is much lower than the overall industry average, 8-inch capacity will grow approximately 6% annually, while 12-inch capacity will grow 18% annually. Of this new capacity, approximately 65% of new 12-inch capacity will be in mature processes (28nm and above) with an annual growth rate of 20%. It is obvious that in 2022, most wafer foundries will focus on 12-inch wafer production capacity, with the main driving force behind production expansion coming from TSMC, UMC, SMIC, HuaHong Group’s HHGrace, and Nexchip.

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28 June 2022

Server Shipments Maintain Growth in 3Q22, Though 2H22 Performance Concerns Linger, Says TrendForce

According to TrendForce research, observing recent server market dynamics, ODM’s prior production plans have begun to gradually cool. Since the material mismatch cycle has improved significantly, server motherboard suppliers' stocking momentum began falling off in 2Q22. At the same time, pandemic lockdowns in Shanghai have impacted the production of some ODMs. Particularly, enterprise orders led by Inventec have borne the brunt. Production plans including those of Dell and HPE have been significantly delayed but overall shipment performance will not be affected in the short term. Global server shipments are still forecast to grow by 6.5% QoQ in 3Q22, mainly due to continued support from demand generated by companies accelerating cloud migration post-pandemic.

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23 June 2022

2022 a Focus for 12-inch Capacity Expansion, 20% Annual Growth Expected in Mature Process Capacity, Says TrendForce

According to TrendForce data, global wafer foundry capacity will increase by approximately 14% annually in 2022. Since expanding 8-inch capacity is not cost-effective and its growth rate is much lower than the overall industry average, 8-inch capacity will grow approximately 6% annually, while 12-inch capacity will grow 18% annually. Of this new capacity, approximately 65% of new 12-inch capacity will be in mature processes (28nm and above) with an annual growth rate of 20%. It is obvious that in 2022, most wafer foundries will focus on 12-inch wafer production capacity, with the main driving force behind production expansion coming from TSMC, UMC, SMIC, HuaHong Group’s HHGrace, and Nexchip.

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22 June 2022

Material Shortages Impede Semiconductor Equipment Lead Time, Annual Growth Rate of Foundry Capacity to Narrow to 8% in 2023, Says TrendForce

According to TrendForce, semiconductor equipment is once again facing the dilemma of extended lead times up to 18-30 months. Before this latest equipment lead time delay, the annual growth rate of 12-inch equivalent (including 12-inch and 8-inch) capacity supplied by global foundries in 2022 and 2023 was estimated to be 13% and 10%, respectively. Current observations indicate that this delay of semiconductor equipment has a relatively marginal impact on expansion plans in 2022 with the bulk of repercussions arriving in 2023, affecting TSMC, UMC, PSMC, Vanguard, SMIC, and GlobalFoundries, and encompassing mature and advanced processes. Overall expansion plans will be delayed for approximately 2 to 9 months with annual capacity growth expected to fall to 8% for the year.

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9 June 2022

LCD TV Panel Prices Fall to New Low, Panel Production Capacity Cut in 3Q22, Says TrendForce

According to TrendForce, LCD TV panel quotations bore the brunt of continuous downgrades in the purchase volume of TV brands and pricing for most panel sizes have fallen to record lows. Recently, it was announced that the 32-inch and 43-inch panels fell by approximately US$5~US$6 in early June, 55-inch panels fell approximately US$7, and 65-inch and 75-inch panels are also facing overcapacity pressure, down US$12 to US$14. In order to alleviate pressure caused by price decline and inventory, panel makers are successively planning to initiate more significant production control in 3Q22. According to TrendForce’s latest research, overall LCD TV panel production capacity in 3Q22 will be reduced by 12% compared with original planning.

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20 May 2022

Due to Weak Demand and High Inventories, Only 17.5 Million Notebook Panels Shipped in April, Hitting a New Post-Pandemic Low, Says TrendForce

According to TrendForce research, due to China's lockdowns and inventory adjustments by notebook brands, April notebook panel shipments totaled 17.5 million units, down 21.5% YoY, and a new low for shipments since April 2020 and the advent of the COVID-19 pandemic. At the same time, shipments of notebook panels in 2Q22 is estimated at 55.1 million units, down 21.2% QoQ and 19% YoY.

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1 April 2022

Intensifying Consequences of Russian-Ukrainian War and Rising Inflation, TV, LCD Monitor, Notebook Shipments Face Correction Pressure, Says TrendForce

As the Russian-Ukrainian war directly affects Eastern Europe and, indeed, the entire European market, the supply of raw materials has destabilized and prices continued to soar, exacerbating inflation and pummeling the global economy. In addition, lockdowns and work suspensions caused by the recent pandemic outbreak in China and the government’s insistence on a dynamic zero-COVID policy may lead to complex problems such as reductions in factory production efficiency and logistical delays. TrendForce indicates, the uncertainty of current global political and economic circumstances have upset demand for three major display applications including TVs, LCD monitors, and notebooks, overshadowing 1H22 with pressure to correct expectations.

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29 June 2022

Market Value of Micro LEDs for AR Smart Glasses Display Chips Forecast to Reach US$41 Million by 2026, Says TrendForce

LED

According to TrendForce's latest Micro LED research report, among many Micro LED display applications, Micro LED microdisplays will be the next new high-end product following on the heels of large-scale display development. The market value of Micro LED AR smart glasses display chips is forecast to reach US$41 million by 2026. The reason for such a significant growth in market value in just one year from 2025 to 2026 is primarily due to the gradual maturity of technologies such as red chips, laser transfer, wafer bonding and full-colorization, which can improve yield and reduce production costs.

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2 June 2022

Global LED Package Market Value Reached US$17.65 billion in 2021 with Nichia Ranking First, Says TrendForce

LED

According to TrendForce's latest LED report, as a slowing pandemic drove the recovery of various global economic activities, global LED market value beat market expectations in 2021, reaching US$17.65 billion, or 15.4% YoY.

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7 April 2022

Benefiting from HCL and Smart Lighting, LED Lighting Output Value to Reach US$11.1 Billion by 2026, Says TrendForce 

LED

According to TrendForce’s “Global LED Industry Data Base and LED Player Movement Quarterly Update” report, demand for high-standard LED products in the lighting market will enter a growth stage. Generally speaking, the price of lighting LED products is stable. However, due to the recent rise in global raw material prices, the unit price of products looks to trend higher. Coupled with high demand for energy conservation from governments around the world, the output value of the lighting LED market in 2022 is forecast to have an opportunity to reach US$8.11 billion, or 9.2% growth YoY. In the next few years, the scale of the lighting LED market will continue growing due to the promotion of human centric lighting (HCL), smart lighting, and other factors and is expected to reach US$11.1 billion by 2026, with a compound annual growth rate (CAGR) of 8.4% from 2021 to 2026.

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16 June 2022

Energy Revolution to Drive Energy Storage Market Development in Next 5-10 Years, Global Installed Capacity to Reach 362GWh by 2025, Says TrendForce

Constrained by carbon neutrality and carbon peaking targets and enveloped by a bullish backdrop of declining system costs, the global installed capacity of wind and solar energy has shown a steady growth trend over the past five years. According to TrendForce statistics, the cumulative installed capacity of global renewable energy in 2021 was approximately 3,064GW (gigawatts), with an average annual growth rate of approximately 8-10% and 88% as the highest application of wind and solar energy in any area.

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19 April 2022

Global Proportion of Installed Lithium Iron Phosphate Battery Capacity Expected to Reach 60% in 2024, Becoming Mainstream of Power Battery Market, Says TrendForce

As a consequence of rising power battery raw material prices, a number of global new energy vehicle (NEV) brands including Tesla, BYD, NIO, Li Auto, and Volkswagen, have successively raised the sales prices of electric vehicles (EV) in 1Q22. TrendForce believes that power batteries are the core component that account for the greatest portion of an EV’s overall cost and reducing the cost of power batteries will be an important strategy for companies to remain competitive in the future. As technology continues to innovate, lithium iron phosphate batteries are expected to account for more than 60% of installed capacity in the global power battery market by 2024.

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25 February 2022

War Rages in Ukraine, Global Raw Nickel Prices for Power Batteries Likely to Rise, Says TrendForce 

The conflict between Russia and Ukraine has escalated in recent days. In addition to the surge in natural gas and crude oil prices, the conflict may also impact the supply of non-ferrous metals including aluminum, nickel, and copper. According to TrendForce, nickel is a key upstream raw material for the manufacture of electric vehicle power batteries and mainly used in the production of ternary cathode materials. In 2021, global nickel mine production was approximately 2.7 million tons, originating primarily from Indonesia, the Philippines, and Russia. Russian nickel production accounts for approximately 9% of the world's total (including low, medium, and high-grade nickel), ranking third globally. At present, the market penetration rate of new energy vehicles is accelerating and ternary power batteries account for nearly half of power battery market share, which signals strengthening demand for upstream raw material nickel for automotive power batteries. Although Russian nickel exports remain unaffected for the time being, if the situation on the ground between Russia and Ukraine continues to deteriorate, global nickel supply may be impacted in the short term, pushing up nickel prices, and further increase cost pressures on end product markets such as the electric vehicle industry.

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1 June 2022

Global 1Q22 Smartphone Production Volume Drops 12.8% QoQ Due to Amplified Off-season Effect, Says TrendForce

According to TrendForce, the multiplicative effect of the traditional off-season further weakened smartphone production performance in 1Q22 with global output only reaching 310 million units, a 12.8% decline QoQ. Compared with the same period last year, the strategic planning adopted by smartphone brands in response to Huawei's market share collapse is quite different, with annual decline in production as high as 10.1%. Looking to 2Q22, in the face of rising inflation intensified by the Russian-Ukrainian war and the direct impact of China's lockdowns, the momentum of consumption continue to weaken. According to TrendForce's current observations, global smart phone production volume in 2Q22 is forecast at approximately 309 million units, which is roughly on par with 1Q22 but the lingering possibility of a subsequent downgrade this quarter cannot be ruled out.

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24 May 2022

Shipments of Mobile Phone Camera Modules Forecast to Reach 5.02 Billion in 2022, Three Camera Modules Still Mainstream Accounting for More than 40%, Says TrendForce

According to TrendForce research, smartphone camera module shipments will increase to 5.02 billion units in 2022, an annual growth rate of 5%. Since the price-performance ratio of whole devices is the primary basis for consumer purchases, the cost of high-standard solutions such as the five-camera design and main cameras sporting hundreds of millions of pixels will inevitably be passed on to the manufacturer with little improvement in sales performance. Therefore, the three-camera module remains the mainstream design this year and is forecast to account for more than 40% of total shipments. Only some smartphone models will adopt a four-camera design to differentiate their specifications, while the number of products with dual-cameras or less will fall, with entry-level models being the primary candidates.

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11 May 2022

Lingering Pandemic Vexes Economic Performance, 2022 Smartphone Production Volume Reduced to 1.333 Billion Units, Says TrendForce

According to TrendForce research, global smartphone production volume in 1Q22 was 310 million units, a QoQ decrease of 12.8%, primarily attributed to ongoing inventory adjustments in various distribution channels performed by a number of brands and the cyclical off-season, which led to relatively weak production performance in 1Q22. In 2Q22, a resurgence of the pandemic in the world's largest consumer market, China, exacerbated the drop in global 2Q22 mobile phone production to 309 million units. However, compared to the same period in 2021, when a resurgent pandemic in India and Southeast Asia caused a sharp drop in total production, mobile phone production grew slightly by 0.7%.

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13 June 2022

LEO Satellite Business Opportunities Booming, Driving Global Satellite Output Value to US$308.3 Billion in 2023, Says TrendForce

In 2022, the United States, China, and the United Kingdom will actively promote the deployment of low Earth orbit (LEO) satellites. According to TrendForce, growth momentum comes from a sharp rise in International Telecommunications Union (ITU) demand for orbits, spectrum specifications, and global bandwidth. In addition, Satellite Internet is regarded as a primary communications solution for remote villages, rural areas, and sea and air transportation. A Hybrid Network can be developed to improve bandwidth and coverage through a combination of satellite communications technology and terrestrial networks. TrendForce forecasts that by 2023 the global output value of the satellite industry can reach US$308.3 billion, with an annual growth rate of 4.5%.

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13 April 2022

Market Share of Smartphones Supporting Wi-Fi 6 and 6E Expected to Exceed 80% in 2025, Says TrendForce

Wi-Fi 6E was commercialized in 2021 and, in addition to supporting the 5 GHz and 2.4 GHz bands, it can also operate in the 6 GHz band. According to TrendForce research, Wi-Fi 6E is designed to reduce network congestion and interference through more numerous, wider, and non-overlapping channels (transmission channels for signals in communication systems), while Wi-Fi 6 and 6E’s regular wake-up mechanism (Target Wake Time) effectively coordinates network traffic and maximizes the battery life of smartphones. By 2025, the market share of smartphones supporting Wi-Fi 6 and 6E is estimated to surpass 80%.

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26 January 2022

Wi-Fi 6/6e Expected to Become Mainstream Technology with Close to 60% Market Share in 2022, Says TrendForce

Exponential demand growth for remote and unmanned terminals in smart home, logistics, manufacturing and other end-user applications has driven iterative updates in Wi-Fi technology. Among the current generations of technologies, Wi-Fi 5 (802.11ac) is mainstream while Wi-Fi 6 and 6E (802.11ax) are at promotional stages, according to TrendForce’s investigations. In order to meet the connection requirements of industry concepts such as the Metaverse, many major manufacturers have trained their focus on the faster and more stable next generation 802.11be Wi-Fi standard amendment, commonly known as Wi-Fi 7. Considering technical characteristics, maturity, and product certification status, Wi-Fi 6 and 6E are expected to surpass Wi-Fi 5 to become mainstream technology in 2022, with global market share expected to reach 58%.

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16 May 2022

Bucking Trends NEV Market Grew in 1Q22 with Global Sales Exceeding 2 Million Units, Says TrendForce

According to TrendForce data, total sales of new energy vehicles (NEVs including battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell vehicles) in 1Q22 was 2.004 million units, an annual growth rate of 80%. Battery electric vehicles (BEV) demonstrated the strongest growth with sales reaching 1.508 million units. Plug-in hybrid electric vehicles (PHEVs) sold 493,000 units. Growth in NEV sales did not come easy, as global auto market sales (regardless of powertrain type) fell by 7% YoY in 1Q22 due to factors such as the chip shortage, Russian-Ukrainian war, and China's pandemic lockdown and prevention measures.

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23 March 2022

Russian-Ukrainian War Rages On, Affecting Renault, Hyundai, and Volkswagen, Says TrendForce

Due to the Russian-Ukrainian war, automotive factories currently located in Russia have shut down successively and stopped importing vehicles, TrendForce asserts. In addition, Russia has stated that if foreign-funded enterprises choose to permanently suspend business or withdraw from the market during this period, the Russian government will nationalize their business assets. Most automotive brands have factories in Russia and now face the dual pressures of international public opinion and corporate losses. According to TrendForce investigations, after Renault-Nissan acquired the Russian brand LADA, its market share reached 32%, making it the largest automotive brand in Russia followed by Hyundai-Kia at 23% and Volkswagen at 12%.

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24 February 2022

Total NEV Sales Reached 6.47 Million in 2021 with BYD First in Plug-in Hybrids, Says TrendForce

In 2021, total sales of new energy vehicles (NEVs including battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell vehicles) reached 6.473 million units, with annual growth rate reaching 122%, the highest growth rate since the development of vehicle electrification, according to TrendForce’s research. Battery electric vehicles (BEV) accounted for approximately 71.6% of total sales and plug-in hybrid electric vehicles (PHEV) accounted for approximately 28.1%, while the scale of fuel cell vehicles remained small.

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In-Depth Analyses


29 June 2022

5,700 Wind Turbines to be Dismantled in Europe by 2030, Iberdrola Sets Up Recycling Company

With the increasing number of wind power installations in the world, people from all walks of life are concerned about how to deal with reti

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28 June 2022

Daily Express Jun.28,2022 Spot Market Today

In today’s DRAM spot market, the buyers are inactive in quoting and the actual buying condition is still at a low price. Although the suppliers are active in adjusting the quotation, both suppliers and buyers still can’t reach a consensus on the price. As a result, the final trading volume is not ideal. In the mainstream category, the average price of DDR4 8G (1Gx8) 2666 drops to USD 3

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Adani Solar Procures More Module Production Equipment from Jinchen Machinery

28 June 2022

Chinese equipment provider Jinchen Machinery and Adani Solar have entered into an agreement under which the former will provide the latter w


Daily Express Jun.27,2022 Spot Market Today

27 June 2022

In today’s DRAM spot market, the market momentum remains quiet and the overall price of chips keeps dropping. Moreover, there isn’t any obvious action from the buyers and the buying condition also remains limited. In the end, the trading volume is dull. In the mainstream category, the average price of DDR4 8G (1Gx8) 2666 drops to USD 3.301, and the average price of DDR4 512x8-2400/2666


Daily Express Jun.24,2022 Spot Market Today

24 June 2022

In today’s DRAM spot market, the market momentum is dull. However, it still can’t turn better from the market and the buying condition is limited. As a result, the overall price trend remains in a downtrend. In the mainstream category, the average price of DDR4 8G (1Gx8) 2666 drops to USD 3.308, and the average price of DDR4 512x8-2400/2666 drops to USD 2.154. The average price of DDR3



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