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On-year shipment growth was flat in the third quarter, as inventory levels remained high in mature markets and demand decreased in China after the deadly Sichuan earthquake. But clients' preparation for the fourth-quarter holiday season still gifted Taiwan makers with a high single-digit sequential shipment growth in the third quarter.
In 2018, global server shipments will grow 8.5% to reach 13.73 million units. Digitimes Research estimates server shipments worldwide will grow at a CAGR of 6.5% during the period 2017-2022, with growth mainly driven by large-scale data centers and the China market.
Digitimes Research estimates total shipments of smartphone APs worldwide will grow 1.5% on year to 1.67 billion units in 2018. The slowing growth in the smartphone market means global smartphone AP shipments will only grow at a mild pace in the next few years, reaching 1.77 billion units in 2021.