February 14, 2024 /SemiMedia/ -- According to a recent report released by SEMI, global silicon wafer shipments fell by 14.3% to 12.602 billion square inches in 2023, while revenue fell by 10.9% to $12.3 billion during the same period.
SEMI noted that the decline was due to slowing end demand coupled with broad inventory adjustments. Weak demand in the memory and logic chip industries led to a decline in 12-inch wafer orders, while weak foundry and analog demand led to a decline in 8-inch wafer shipments.
"Shipments of 12-inch polished wafers and epitaxial wafers declined 13% and 5% respectively in 2023. Total shipments of all wafer sizes fell 9% in the second half of 2023 compared with the first half," SEMI said.
