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As consumer demand falls, GigaDevice turns its gaze to the automotive and industrial sectors

The semiconductor supply chain is seeing dramatic changes, impacting consumer electronics head-on, and the drop in demand has further impacted IC design and IC manufacturing industries. In contrast, growth remains stable in the automotive electronics industry. In the memory industry, for instance, Chinese suppliers like GigaDevice, Ingenic Semiconductor, Macronix and Winbond continue to increase the share of automotive products in their sales, looking to tap into future growth.