12:36 - 14.01.2025
January 14, Fineko/abc.az. The world's leading semiconductor companies are reducing investments due to falling demand for smartphones and electric vehicles, ABC.AZ reports, referring to Nikkei.
The article says that 10 of the world's largest manufacturers have changed their investment plans. The volume of investments decreased in 2024 in annual terms, amounting to $123.3 billion ($9.5 billion less than the 6% increase projected in May 2024).
Experts believe that the reason for this was a drop in demand for smartphones after the peak during the coronavirus pandemic, as well as a reduction in growth of the Chinese economy.
The SEMI Chip Manufacturers Association reported that currently only 70% of the world's chip production capacity is used, while 80% is considered the norm.
At that, manufacturers of artificial intelligence chips are experiencing cost increases - TSMC invested $30 billion in this area in 2024, and SK Hynix intends to increase investments in such production to $70.2 billion over the next five years.
According to preliminary estimates, the global semiconductor market volume in 2024 was $626.8 billion, with annual growth rate of 19%. Experts attribute this increase to the AI industry.
