According to investigations by TrendForce, smartphone demand has already made it out of the gloomy offseason of 2Q19, with production volume coming to 344 million units, a 10.5% QoQ growth. Yet the many uncertainties circulating in the international market still caused smartphone production volume to weaken by 2.4% YoY in 2Q19, with the top six being Samsung, Huawei, Apple, OPPO, Xiaomi and Vivo in descending order.
With consumers beginning to seek customization and autonomous consumption and the lack of labor becoming a growing problem at the manufacturing end, manufacturers are spurred to become adaptive to a quickly-shifting and widely-varying environment as manufacturing systems become more sophisticated than ever. Thanks to the ripened, new technology, manufacturers may deploy advanced sensing technology in conjunction with AI algorithms and robots to raise information visibility and system controllability, furthering the development of smart manufacturing for Industry 4.0. According to forecasts by TrendForce, the global market scale for smart manufacturing will register a CAGR of 10.7% up to 2022 and near US$370 billion.
According to TrendForce’s latest report, current RF front end component manufacturers are gradually turning to GaAs chips as their main material of choice, according to the functional requirements of the phone component in question. As 5G becomes more and more widespread, the number of RF components used will double compared to that of the 4G era. Both of these factors are expected to herald a new period of growth for the GaAs RF component market beginning from 2020.
According to TrendForce , electric cars have already become the main motivator for growth of the future car industry, and are expected to exceed 8 million units in 2021, twice the amount of shipments for 2018. Apart from batteries and engines, IGBT power components are ranked as the most important among key electric car components, being used in numbers 5 to 10 times that of traditional internal combustion engines. These modules may therefore bring about continual growth of total IGBT market revenue, which is projected to go beyond the US$5.2 billion mark.
According to TrendForce’s latest report, global smartphone demand has weakened even more than originally predicted due to the escalating global politico-economic risks, with global production volume feared to widen in decline from a previously forecast worst case scenario of 5% to 7%, landing at 1.4 billion units.