Output growth forecast for Taiwan semiconductors increased

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Taiwan’s government-supported Industrial Technology Research Institute (ITRI) has raised its forecast for 2025 growth in the output value of the country’s semiconductor industry to above 22% on strong global demand for artificial intelligence applications, Focus Taiwan reported.

In its latest IEK Current Quarterly Model report, the ITRI said the local semiconductor industry will have output of NT$6.5 trillion (US $216.67 billion) in 2025, up 22.2% from a year earlier, an upward revision from a 19.1% increase estimate made in May.

The ITRI said the…



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Output growth forecast for Taiwan semiconductors increased



Taiwan’s government-supported Industrial Technology Research Institute (ITRI) has raised its forecast for 2025 growth in the output value of the country’s semiconductor industry to above 22% on strong global demand for artificial intelligence applications, Focus Taiwan reported.

In its latest IEK Current Quarterly Model report, the ITRI said the local semiconductor industry will have output of NT$6.5 trillion (US $216.67 billion) in 2025, up 22.2% from a year earlier, an upward revision from a 19.1% increase estimate made in May.

The ITRI said the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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