While 4G LTE remains the mainstream mobile communication technology in South Korea, the cumulative number of 5G users will likely have exceeded 30 million by the end of April 2023, narrowing the gap against 4G users. A DIGITIMES Research projection indicates that Korea's total 5G users will likely surpass 4G by the end of 2024.
The three primary high performance computing (HPC) chip suppliers, Intel, AMD, and Nvidia, all experienced lackluster sales in the first half of 2023 amid weak demand for HPC applications, according to a survey of DIGITIMES Research.
The Chinese government's two important electric vehicle (EV) industry policies announced in June 2023 are expected to keep fueling local end demand and drive local automakers to step up EV investments, enabling China to secure its status as the world's EV leader.
South Korea identifies network industry growth as a key objective of its K-Network 2030 strategy, intending to drive cloud- and software-based network architecture transformation and increase technological independence of material, component, and equipment upstream supply chains.
Global smartphone shipments are expected to grow within a range of 4-8% annually from 2024-2028, representing a compounded annual growth rate (CAGR) of 6%.
Few Taiwan-based IC design firms have made efforts toward high performance AI chips, autonomous driving chips, high performance computing (HPC) chips, and other emerging technologies whereas China has multiple companies endeavoring in these fields.
DIGITIMES Research projects that the global foundry revenue will grow at a CAGR of 11.3% from 2023 through 2028, driven by demand from 5G and EV applications.
Taiwan's wafer foundry industry is set to generate a total of only US$77.9 billion in revenue in 2023, falling 13% from a year ago, but will see the amount to rise in 2024.
Samsung has been pushing investments in Vietnam and India and is expected to continue doing so for the next several years as the tech competition between the US and China is worsening.
