The global wafer foundry industry will see a CAGR of 11.5% for its revenues in the six-year period from 2024-2029.

Global smartphone shipments will rise nearly 5% on year in 2024 and continue picking up around 4% yearly before 2030.

Global CoWoS and CoWoS-like packaging capacity demand will surge 113% on year in 2025 as AI accelerators remain popular and the need for wafers is growing exponentially.

China is pushing domestically developed AI chips and deployment of RISC-V structure in a bid to break through US chip sanctions.