Monthly Market Insight 3 - Flipbook - Page 2
General Market Updates
IC Distributors Anticipate Strong 3Q24 Revenue Driven by
Server Demand
IC distributors expect robust revenue growth in Q3 2024, driven by strong server and data center
sales, especially in AI edge computing and High-Performance Computing (HPC) solutions. Key
players like WPG Holdings and WT Microelectronics are beneoting, while automotive and industrial
sectors face short-term supply chain issues with recovery expected later. The seasonal increase in
high-end foldable handset demand also boosts market optimism despite PC market uncertainties.
TV Market Replenishes in 2Q24, Faces Risks Heading into 2H24
The global TV market saw a rise in large-size Display Driver IC orders in Q2 2024, fueled by sporting
events. However, high inventory levels may reduce orders, affecting DDI manufacturers in H2 2024.
Despite promotional boosts from events like China9s 618 shopping festival, consumer purchasing
power concerns prompt revised shipment forecasts. Growth in DDIs for mobile phones and other
electronics may offset potential declines in TV applications.
NAND Flash Shortage Looms in 2H24 Amid AI Data Center
Demand
A NAND nash shortage is anticipated in H2 2024 due to high demand for SSDs in AI-driven data
centers, with enterprise storage growth contrasting weak consumer electronics demand. NAND
wafer prices have tripled, and major manufacturers expect insufocient production beyond Q3,
maintaining high prices amid constrained supply and ongoing demand.
EU’s Silicon Supply Concerns
The European Commission is worried about a potential silicon oversupply due to China9s expanding
silicon production capacity. As China boosts its production of legacy silicon, there are fears of market
imbalances and price drops that could destabilize the global semiconductor market. This situation
may lead to increased collaboration between the EU and the U.S. to mitigate risks and manage
dependencies.
China’s HBM Demand to Reach 7% of Global Total in 2024
China9s High Bandwidth Memory (HBM) demand is projected to hit 7% of the global total in 2024,
crucial for the High-Performance Computing (HPC) sector. Nvidia leads global HBM demand, followed
by Google and AMD. Despite US export restrictions, Chinese AI GPU startups are progressing,
though lagging in HBM technology, with domestic mass production expected by 2025-2026.
Page 1
REBOUND ELECTRONICS
Liaise with your account manager for more
information.
