2023 IC market to fall 22%, says Penn

The semiconductor industry has passed the peak of the rollercoaster market cycle and its beginning its descent, said Malcolm Penn CEO of Future Horizons  at IFS2022 in London yesterday. Although 2022 won’t be a disaster, 2023 will be, said Penn. This year the growth forecast is +6%. +10% is still possible, but so is +4%. ...

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