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TSMC’s Kumamoto Plant (JASM) Grand Opening on 24th February, Poised to Shape Japan’s Semiconductor Landscape Over the Next Decade, Says TrendForce

2024/02/23

Semiconductors

TrendForce’s latest report reveals that in 2023, global foundry revenues hit US$117.47 billion, with TSMC capturing a dominant 60% share. This figure is expected to climb to around $131.65 billion in 2024, increasing TSMC’s share to 62%.

Press Releases
Walmart Acquires Vizio, Set to Overtake Samsung as the Largest TV Brand in the US, Says TrendForce

2024/02/21

Consumer Electronics

US retail giant Walmart announced on February 20th, that it has acquired smart TV brand Vizio for US$2.3 billion, aiming to accelerate the growth of its advertising business: Walmart Connect. Since its launch in 2021, Walmart Connect has seen double-digit annual growth in both its online and offline retail media advertising ventures. Vizio has been expanding its device ecosystem and its SmartCast TV OS, boasting over 18 million active users, according to TrendForce.

Press Releases
Global Foldable Phone Shipments to Reach 17.7 Million in 2024, Yearly Increase Slows to 11%, Says TrendForce

2024/02/21

Display

TrendForce reports that global shipments of foldable phones reached 15.9 million units in 2023, marking a 25% YoY increase and accounting for approximately 1.4% of the overall smartphone market.

Press Releases
BYD Set to Challenge Tesla for the Crown in EV Sales in 2024, Says TrendForce

2024/02/20

Emerging Technologies

TrendForce reports that global sales of NEVs, including BEVs, PHEVs, and FCVs, reached 13.03 million units in 2023—marking a growth rate of 29.8%. This represents a significant slowdown from the 54.2% growth rate in 2022. Of these, BEVs accounted for 9.11 million units with a growth rate of 24%, and PHEVs reached 3.91 million units, growing at 45%.

Press Releases
MLCC Shipments to Dip 7% in 1Q24 Amid Slowing Order Demand, Says TrendForce

2024/02/19

Semiconductors

The global economic deceleration is taking its toll on the tech sector’s growth, with heavyweights like Intel and Texas Instruments signaling a downturn in their recent financial forecasts. This trend reflects a broader industry pattern of subdued order placements and shipments. TrendForce reports that the first quarter of 2024 will see a 7% quarterly reduction in MLCC shipments to 1.1103 trillion units.

Press Releases
Global Monitor Market Set for Recovery in 2024, with Shipments Projected to Increase by 2%, Says TrendForce

2024/02/06

Display

TrendForce’s latest findings reveal global monitor shipments declined 7.3% in 2023 down to 125 million units—a figure below pre-pandemic levels. Looking ahead to 2024, given the low shipment base in 2023, alongside the potential for a gradual economic recovery and the typical 4 to 5-year PC replacement cycle, PCs purchased during the pandemic are expected to be upgraded between the second half of 2024 and 2025. This is anticipated to drive a 2% increase in global monitor shipments in 2024, reaching approximately 128 million units.

Press Releases
AI’s Rocketing Demand to Drive Server DRAM—2024 Predictions Show a 17.3% Annual Increase in Content per Box, Outpacing Other Applications, Says TrendForce

2024/02/05

Semiconductors

The server sector is expected to see the most significant growth, with content per box for server DRAM projected to rise by 17.3% annually, while enterprise SSDs are forecast to increase by 13.2%. The market penetration rate for AI smartphones and AI PCs is expected to experience noticeable growth in 2025 and is anticipated to further drive the average content per box upward.

Press Releases
EV Battery Prices Fell by 4–7% in January, Decrease Expected to Slow Down in February, Says TrendForce

2024/02/02

Energy

TrendForce’s latest research indicates that the global lithium battery market remained subdued in January, with cell makers still working through their inventories and production rates lingering at low levels. The ASP of EV cells has continued to fall—the most significant drop was observed in EV pouch cells, which saw a MoM decline of 7.3% to CNY 0.51/Wh. While prices are expected to continue declining in February, the rate of decrease is likely to slow down.

Press Releases
Early Price Increase for TV Panels, with a Predicted Rise of US$2–3 for 65-Inch Models in February, Says TrendForce

2024/02/01

Consumer Electronics

TrendForce research indicates that global TV shipments in 2023 amounted to approximately 195 million units—a 2.7% YoY decrease, setting a new low for the past decade. Looking ahead to the first quarter of 2024, which coincides with the traditional off-season for consumer products, global TV shipments are estimated to decrease by 18.9% QoQ to 43.28 million units. However, there is potential for a slight increase in annual shipments by 0.3%, reaching about 196 million units for the whole year.