With the Ukraine war, global inflation, and geopolitical tensions, consumer electronics sales plunged, which further caused a decrease in semiconductor sales. Given the weakened demand for chips, DIGITIMES Research projects a 9.2% decline in global foundry industry revenue for 2023.
Due to the rapid advancement in communication technology, the commercialization of 6G is expected to take place by 2030, marking a significant reduction in the innovation cycle.
Reducing charging time by increasing the power that chargers deliver is seen as critical to overcoming the range anxiety of EV owners, and compared with a high-current solution, increasing the voltage is a more feasible way for upgrading fast charging and will shape the EV industry for years to come, according to DIGITIMES Research.
LiDAR is rising to be the emerging component differentiating car models in China. According to Evan Chen, an analyst with DIGITIMES Research, global automotive LiDAR shipment is expected to reach 500,000 units in 2023, with China taking up at least 80% of it.
Following the launch of satellite communication-capable phones by Apple and Huawei in Q3 2022, other mobile phone companies have expressed interest in introducing similar phones or products. A growing range of collaborations between satellite operators, mobile phone manufacturers, and telecom operators have become highly anticipated. It is expected that more brands will join the party in 2023.