Taiwan IC Industry Looking For 15%+ Growth

The growth of Taiwan’s IC output this year should beat last years’s 15%, says the Industrial Economics and Knowledge Center (IEK) under the government-sponsored Industrial Technology Research Institute.

The sector’s output value should rise 15.2-17.1 percent year-on-year in 2014 from NT$1.89 trillion (US$62.66 billion) in 2013, outperforming the global IC industrywhich is forecast to grow about 10%.

Taiwan’s chip industry is being driven by demand for tablet computers and smartphones.

Although tablet growth is expected to ease in 2014, they are still expected to see 20% growth to around 260 million units.

Smartphones are expected to grow 20.5% year-on-year from 1.02 billion units in 2013.

And then, of course, there’s IoT, bless its elusive little heart.

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