On March 20, SEMICON China 2024 International Semiconductor Exhibition opens. Ju Long, global vice president of semiconductor industry organization SEMI and president of China, said that the semiconductor industry experienced a downward cycle last year, and industry revenue fell by about 11%. Semiconductor sales are expected to increase by 13%-16% this year, possibly reaching 600 billion US dollars, and the 1 trillion US dollar milestone is expected around 2030.
SEMI全球副总裁居龙：预计今年半导体行业销售额将增长13%-16%
SEMI Global Vice President Ju Long: Semiconductor industry sales are expected to grow 13%-16% this year
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