Supply chain
Digitimes Research: Taiwan IC design industry output value to increase 6.7% in 2Q16
Nobunaga Chai, DIGITIMES Research, Taipei

The production value of Taiwan's IC design industry is expected to increase 6.7% sequentially in the second quarter of 2016, thanks to a pick-up in handset demand, according to Digitimes Research.

Demand in China's smartphone market is picking up, and device vendors have started to replenish inventory since March, Digitimes Research indicated.

Combined revenues of Taiwan-based IC design houses are forecast to reach NT$142.58 billion (US$4.35 billion) in the second quarter, rising 14.6% from the same period in 2015, Digitimes Research said.

The production value of Taiwan's IC design industry totaled NT$133.65 billion in the first quarter of 2016, down 8% sequentially. In March alone, combined revenues of Taiwan's IC design firms reached NT$50 billion representing a robust 44.5% increase on month, Digitimes Research noted.

Taiwan's IC design sector is estimated to have already hit bottom for 2016 in the first quarter, and is expected to continue its sequential growth in production value through the third quarter, Digitimes Research said.

Content from this article was part of a complete Digitimes Research Chinese-language report that has not yet been translated into English. If you are interested in an English version of the report or wish to receive more information about the report, click here to contact us and we will get back to you as soon as possible. Digitimes Research also provides quarterly tracking services for market sectors such as China Smartphone, China Smartphone AP, Taiwan ICT and Taiwan FPD. Click here for more information about Digitimes Research Tracking services.

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