NIPPON EXPRESS: INTEGRATING THE CIRCUITOUS, SOLVING SEMICONDUCTOR LOGISTICS Vol.1
- ― This way up: chip boom again
The global pandemic has done little to slow down the latest semiconductor boom. Home working, home schooling, and efforts to automate are boosting demand for the microchips used in devices, sensors, and servers. Despite the worst global recession since the second world war, top chipmakers are posting record profits. According to WSTS, the industry is forecast to grow by 5.1 percent to USD 433 billion in 2020, with the growth rate jumping to 8.4 in 2021.
As ever broader swathes of applications from automated driving and manufacturing, quantum computing, to 5G communications require more and newer chips, trade volumes will continue to surge. Integrated circuits look likely to soon surpass oil and cars as the most traded product in the world. The upside appears unlimited for chipmaking.