ELECTRONICS NEWS HIGHLIGHTS 07/18/2022
Electronics News Highlights 07/18/2022
- MICRON HOLDS 55% SHARE OF GLOBAL AUTOMOTIVE SEMICONDUCTOR MEMORY MARKET
The report pointed out that Micron's share of the $51.6 billion global automotive semiconductor market was 3.9%, up 0.5% from 3.4% in 2020. Its share of the $46.8 billion global consumer semiconductor market in 2021 was 2.5%, down slightly from 2.8% in 2020. Its share of the $88.1 billion global smartphone semiconductor market in 2021 was 8.2%, down from 10.3% in 2020.
Details: MICRON HOLDS 55% SHARE OF GLOBAL AUTOMOTIVE SEMICONDUCTOR MEMORY MARKET
2. CHIP COMPANIES CUT FINANCIAL FORECASTS DUE TO WEAK PC DEMAND
The semiconductor boom is beginning to show signs of weakness, hit by a slump in personal computer sales and a weakening cryptocurrency market. Chip executives, computer retailers and distributors say the market malaise has gotten worse in recent months and is more subdued than many expected at the start of the year. Semiconductor industry analysts say recessions in semiconductors happen every 3 to 4 years, so there could be a next one on the way.
Details: CHIP COMPANIES CUT FINANCIAL FORECASTS DUE TO WEAK PC DEMAND
3. EV INDUSTRY TRENDS AND PERSPECTIVES
Electric vehicles (EVs) are now accepted as the future of most transportation segments — a tremendous change as even just five years ago, EVs were perceived as a niche product that wouldn’t become important for another 20 years. It is incredible how fast that perception disappeared.
Details: EV INDUSTRY TRENDS AND PERSPECTIVES