Semiconductor downcycle to extend for most of 2023

PETALING JAYA: The downcycle in the semiconductor sector is expected to continue for the most part of 2023, amid cooling demand from the computer, communications, and consumer markets, coupled with slowing global economic growth and inflationary pressures.

According to TA Research the industry had in the past decade observed four upcycles which ran from 20 to 32 months (average of 28 months), and three downcycles which lasted a shorter 13 to 16 months (average of 14 months).