Foundries to grow 19% this year

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The market is being driven by demand for application processors and other telecomm device sales into 5G smartphones,

www.electronicsweekly.com, Sept. 23, 2020 – 

The pure play foundry market is on pace to expand by 19% this year, after declining 1% in 2019 (Figure 1), says IC Insights.

IC Insights forecasts 200 million 5G smartphone handsets will be shipped in 2020 (although some forecasts expect 250 million units), up from only about 20 million units in 2019.

Figure 1

If achieved, the 19% increase would mark the strongest growth rate for the pure-play foundry market since the 18% uptick in 2014.

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