Robust growth ahead for silicon wafer shipments until 2024

Silicon wafers are the fundamental building material for the majority of semiconductors, which are vital components of all electronics including computers, telecommunications products, and consumer devices.

KUALA LUMPUR: Global silicon wafer shipments are projected to see robust growth through 2024, driven by strong secular demand for semiconductors across multiple end markets.

The Semiconductor Equipment Manufacturers Industry (SEMI) said it expects wafer area increasing 13.9% year-over-year in 2021 to a record high of nearly 14,000 million of square inches (MSI).