The global semiconductor industry’s sales totaled US$149.9 billion in the second quarter of 2024, according to the most recent data compiled by the Semiconductor Industry Association (SIA). This represents an 18.3% rise from the second quarter of 2023 and a 6.5% increase from the first quarter of 2024.

SEMI Japan president Masayuki Hamajima recently called for the semiconductor industry to unify packaging technology standards as soon as possible, particularly in the advanced packaging sector.

Samsung Electronics continues its series of strategic investments amidst the surging AI wave.

As geopolitical tensions brew and regional conflicts persist, global defense budgets are surging, fueling demand in the military and aerospace sectors. Taiwan’s defense budget for 2024 alone has soared to NT$420 billion (about US$13 billion), surging to NT$606.8 billion (US$19 billion) after including special and non-operating budgets. This escalating demand is creating lucrative opportunities across the military and aerospace supply chains.