Foundries to grow 19% this year

The pure play foundry market is on pace to expand by 19% this year, after declining 1% in 2019 (Figure 1), says IC Insights. The market is being driven by demand for application processors and other telecomm device sales into 5G smartphones, IC Insights forecasts 200 million 5G smartphone handsets will be shipped in 2020 (although some forecasts ...

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