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5G smartphone, macrocell base station semiconductor market to hit $260bn
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Worldwide 5G Smartphone and Macrocell Base Station Semiconductor Market Will Be a $260 Billion Cumulative Opportunity over the Next Five Years, According to IDC – Consumer Electronics Net
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Posted on May 12, 2021 by Nick Farrell - News
Dell Technologies founder and CEO Michael Dell has warned that the chip crisis “will probably continue for a few years”.
Speaking to
Handelsblatt, Dell said it would take some time before enough semiconductors were available.
He said that even if chip factories were built all over the world it took time and older chip models were as rare as hen’s teeth.
“We are talking, in particular, about components that are in the one-dollar range and are used practically everywhere. But even newer technologies are not easy to come by”, he said.
“Even if chip factories are built all over the world it takes time,” Dell told the newspaper, adding that older chip models are particularly difficult to obtain at the moment. We are talking, in particular, about components that are in the one-dollar range and are used practically everywhere. But even newer technologies are not easy to come by,” he said.
Dell’s comments come as Taiwanese president Tsai Ing-wen confirmed that the country will cooperate with the European Union to ensure a more resilient supply of semiconductors.
European Commissioner for Internal Market Thierry Breton previously met with Taiwanese semiconductor giant TSMC to discuss opening a fabrication plant in the region, with France, Germany, or Poland mentioned as potential locations. Breton hopes that a major factory in Europe would help the continent to become less reliant on shipments coming in from Asia, which has proven increasingly difficult due to pandemic travel and transport restrictions.
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Worldwide semiconductor revenue grew 10.8% in the year to USD 464 billion in 2020, despite the impact of COVID-19 on the global economy, according to the Semiconductor Applications Forecaster (SAF) from International Data Corporation (IDC).
IDC forecasts the semiconductor market will reach $522 billion in 2021, a 12.5% year-over-year growth rate. IDC anticipates continued robust growth in consumer, computing, 5G, and automotive semiconductors.
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