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Global mobile phone semiconductor market to grow 23% in 2021

Friday 7 May 2021 | 11:08 CET | News
The global semiconductor market is expected to grow 12.5 percent this year to a value of USD 522 billion, according to the latest forecast from IDC. That's slightly faster than the 10.8 percent growth registered in 2020. The market researcher expects chips for mobile phones to be worth USD 147 billion in 2021, up 23.3 percent from last year thanks to a growing share of more expensive 5G chips. 

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Categories: General
Countries: World
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