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Global semiconductor industry on track for 2024 recovery despite near-term headwinds

Jessie Shen, DIGITIMES Asia, Taipei Friday 18 August 2023 0

Credit: AFP

With sequential IC sales declines beginning to moderate, the global semiconductor industry appears to be nearing the end of a downcycle and is expected to begin recovering in 2024, according to a recent report by SEMI and TechInsights.

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