Visible upturn for semiconductors

“A clearer picture is expected to emerge in the first quarter, with the hope that conditions will improve by the second quarter,” Wong said.

It is known that the semiconductor industry operates in cycles, with upturns occurring during periods of heightened demand, causing supply shortages and driving prices higher, fostering revenue growth.

Conversely, during downcycles, the industry faces challenges as demand wanes, leading to adjustments and strategic exercises to navigate through periods of reduced activity.