The World Semiconductor Trade Statistics Organization announced an upward revision of this year's global semiconductor output forecast, estimating an annual increase of 16%, and optimistic about the continuous growth of the storage and logic industry's output in 2025, which is expected to show strong growth for two consecutive years. Soochow Securities believes that the large fund phase III will drive growth in the semiconductor industry, and domestic semiconductor equipment and material manufacturers are expected to benefit in the long term, accompanying the continuous promotion of domestic substitution.
The World Semiconductor Trade Statistics Organization (WSTS) announced an upward revision of this year's global semiconductor output forecast, with an estimated annual growth rate of 16%, and remains optimistic about the continued growth of the storage and logic industries pushing output value by 12.5% in 2025, expected to continue to grow strongly for two consecutive years. WSTS raised its forecast for spring 2024, with the market expected to be valued at $611 billion in 2024.
After experiencing continued adjustments to semiconductor supply chain inventories in 2023, global semiconductor sales have improved since 2024. Driven by the artificial intelligence (AI) craze, South Korea's semiconductor inventory saw its largest drop since 2014. This highlights the growing demand for equipment needed for customers to quickly purchase and develop AI technology at a faster rate than supply. Soochow Securities believes that the third phase of the large fund is expected to drive growth in the semiconductor industry, and with the continuous promotion of local substitutions, domestic semiconductor equipment and material manufacturers are expected to benefit in the long run.
According to the Financial Data Center, among related listed companies:
Fuchuang Precision is a leading domestic enterprise in the precision parts of semiconductor equipment and also one of the few precision parts manufacturers in the world that can mass-produce precision parts for the 7-nanometer process semiconductor equipment.
Tongfu Microelectronics and AMD have formed a strong joint venture and cooperation model, established a tight strategic partnership, and signed a long-term business agreement. The company has undertaken packaging and testing projects involving AMD AI PC chips.