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Taiwanese Semiconductor Industry Forecast to Grow 7.1% in 2018.

The production value of the nation’s IC industry to hit NT$2.64 trillion (US$87.5 billion) in 2018, registering the world’s highest growth of 7.1 percent. The fast development of Artificial Intelligence of Things (AIoT) should boost Taiwan’s semiconductor industry in 2018, and by 2020 its annual output is likely to reach NT$3 trillion.

AIoT will bring new business to Taiwan in the fields of semiconductors, communications, electronic components, flat panels, “smart” vehicles and machinery, “green” energy, agricultural technology, biotech and medical care.

Meanwhile, the nation’s semiconductor industry will continue to invest in AI chip production as demand grows for chips made using sophisticated 10 nanometer and more advanced processes.
 
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