- Silicon wafer shipments dropped by 2.7% to 12,266 million square inches in 2024, while wafer revenue contracted 6.5% to $11.5 billion.
- Despite a broad-based inventory correction, recovery is expected to continue into 2025, with stronger improvements anticipated in the second half of the year.
- Generative AI and new data-center construction are major drivers for advanced foundry and memory devices, including High Bandwidth Memory (HBM).
- The industrial semiconductor market is still facing a strong inventory correction, affecting wafer shipments.
- Semiconductor applications continue to rely on silicon wafers as the fundamental building material for most devices.
- The wafer industry's strong connection to semiconductor chips remains critical in powering electronic devices worldwide.
- Over the past five years, the semiconductor sector has faced fluctuations in wafer demand, but the recovery trend in 2024 signals renewed growth.
- Despite global challenges, wafer manufacturers have shown resilience in navigating market corrections.
- SEMI report reflects a cautious but optimistic outlook for the future, especially in the second half of 2025.
- As demand for advanced chips grows, the recovery of the silicon wafer industry is a promising indicator of the semiconductor sector’s strength. The positive trend is expected to boost job creation, particularly in wafer manufacturing and related sectors across the Asia Pacific.
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