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Semiconductor market to grow by 17% in 2021, reach potential overcapacity by 2023

Monday 20 September 2021 | 15:08 CET | News
The semiconductor market is forecast to grow by 17.3 percent in 2021, accelerating from 10.8 percent growth in 2020, according to a study by IDC. The market researcher expects the industry will see normalisation and balance by the middle of 2022, with a potential for overcapacity in 2023 as larger scale capacity expansions begin to come online towards the end of 2022.

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