Chip downcycle likely to continue into this year

TA Research said the downcycle, which began last August, would likely continue into 2023, on expectations of cooling demand from the computer, communications, and consumer markets.

PETALING JAYA: The semiconductor sector continues its fifth consecutive month of year-on-year (y-o-y) global sales decline in December 2022 despite posting record annual sales in the whole of the year.

TA Research said the downcycle, which began last August, would likely continue into 2023, on expectations of cooling demand from the computer, communications, and consumer markets amid the slowing global economy and inflationary pressures.