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The global market for breast cancer drugs is growing steadily due to rising patient population, introduction of new drugs and sales growth of Perjeta and Kadcyla. The latest biotechnology market report from TrendForce states that the global market scale of breast cancer drugs reached US$11.97 billion in 2016 and is forecast to expand at a CAGR of 9.3% to US$22.35 billion in 2023.
United Semiconductor Xiamen (USCXM), China-based subsidiary of major foundry UMC, is reported to begin production on the 28nm technology licensed from its parent company this second quarter. As international semiconductor companies set up fabrication plants in China, the country’s domestic foundries will face intensifying competition in terms of technology, market share and recruitment of technical personnel. According to the global market intelligence firm TrendForce, Semiconductor Manufacturing International Corporation (SMIC) and Shanghai Huali Microelectronics Corporation (HMLC) are the two leaders among Chinese foundries in the development of the 28nm processing. The existence of foreign-owned fabs in China will pressure these two domestic manufacturers to further accelerate their timetables for this technology.
The prices of NOR Flash will go up sequentially by at least 5% on average for every quarter in 2017 as its market benefits from the abundant releases of smartphones featuring AMOLED display during the year, TrendForce reports. Besides the general adoption of AMOLED in the smartphone market, the expansion in the production of ICs for Touch with Display Driver Integration (TDDI) is driving the need for NOR Flash as well. From the supply side, major manufacturers such as Micron and GigaDevice have reduced their NOR Flash production. Tight supply and rising demand therefore will keep prices of NOR Flash on an uptrend to the end of this year.
Expansion of the elderly population worldwide and increasing consumer awareness of oral healthcare needs are propelling the expansion of the global dental market. According to TrendForce biotechnology analyst Mush Ko, the scale of the global dental market came to US$28.1 billion in 2016 and is projected to grow at a CAGR of 5.6% to reach US$36.8 billion in 2021. Among the product segments, dental implants market will have the fastest market growth.
Intel on March 13 announced that the company will purchase Mobileye, a global provider of advanced driver assistance system (ADAS). This deal is worth US$15.3 billion and is another indication that major semiconductor manufacturers are aggressively jockeying for a favorable position in the fast growing automotive electronics market. TrendForce states that after the merger, Intel will be able to combine its hardware products such as high-performance computing chips and IoT solutions with Mobileye’s image processing algorithms for autonomous driving systems. The deal gives Intel’s the potential to develop an autonomous driving solution that incorporates cloud computing. Furthermore, the deal strengthens Intel’s collaboration with BMW to bring self-driving cars to the market in 2021, when first wave of sales for such vehicles is anticipated to take place in major auto markets worldwide.