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TrendForce reports that the revenue from Micro LED chips is projected to reach approximately US$38.8 million in 2024, with large displays remaining the primary source of contribution. Looking ahead, breakthroughs in technical bottlenecks are on the horizon, while applications in automotive displays and the increasing maturity of full-color AR glasses solutions are expected to propel Micro LED chip revenue to $489.5 million by 2028.
TrendForce’s latest findings show that global sales of NEVs—including BEVs, PHEVs, and FCEVs—reached 4.123 million units in 3Q24, marking a 19.3% YoY increase. Global NEV sales are projected to total 16.26 million units in 2024, representing a 24.8% YoY growth.
TrendForce’s latest findings show that the global humanoid robot market is expected to surpass US$2 billion in value by 2027, supported by major robotics manufacturers gradually achieving mass production by 2025. The market is projected to grow at a CAGR of 154% between 2024 and 2027, with service-oriented robots benefiting significantly from advancements in generative AI, which further enhances market appeal.
TrendForce’s latest findings have shown that the NAND Flash industry recorded a 2% QoQ decline in bit shipments in 3Q24, but a 7% rise in ASP boosted overall revenue to US$17.6 billion—making a 4.8% QoQ increase.
TrendForce’s latest investigations reveal that the global DRAM industry revenue reached US$26.02 billion in 3Q24, marking a 13.6% QoQ increase. The rise was driven by growing demand for DDR5 and HBM in data centers, despite a decline in LPDDR4 and DDR4 shipments due to inventory reduction by Chinese smartphone brands and capacity expansion by Chinese DRAM suppliers. ASPs continued their upward trend from the previous quarter, with contract prices rising by 8% to 13%, further supported by HBM’s displacement of conventional DRAM production.