FTXL - Semiconductor industry expected to contract in 2023 but robust recovery forecasted in 2024
2023-12-01 10:11:22 ET
The global semiconductor market is expected to contract 9.4% in 2023, according to the World Semiconductor Trade Statistics. But 2024 appears to be a bright spot, with the industry body forecasting a robust recovery with growth of 13.1%.
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Semiconductor industry expected to contract in 2023, but robust recovery forecasted in 2024