TAIPEI – Taiwanese exports of electronic products, primarily semiconductors, shrank in July to $17.7 billion, a 0.4% year-on-year drop, due to faltering demand for foundry services, chip testing and packaging services and printed circuit boards.

MILPITAS, CA – With sequential IC sales declines beginning to moderate, the global semiconductor industry appears to be nearing the end of a downcycle and is expected to begin to recover in 2024, SEMI and TechInsights reported in the Semiconductor Manufacturing Monitor.