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SiC power device market to grow 41.4% to $2.28bn in 2023
CAGRs of 38% for EVs and 19% for renewable energy segments to drive growth to $5.33bn in 2026
Smartphone shipments to fall 1.1% in 2023, rather than prior forecast of 2.8% growth
Recovery pushed into 2024 amidst weak demand and macroeconomic challenges
Adoption of 800V in mass-market EVs to boost transition of power electronics to SiC
Hyundai’s 800V E-GMP-based model sales more than double in South Korea
RF front-end market growing at 5.8% CAGR to $26.9bn in 2028
After post-COVID-19 recovery 2021, growth slowed by chip supply shortages, consumer hesitancy and limited 5G penetration
ams OSRAM to benefit from Apple adopting micro-LEDs
Apple Watch likely be first product to feature micro-LED displays, from 2024
Quarterly smartphone shipments fall a record 18.3% year-on-year to 300.3 million in Q4/2022
Full-year shipments fall 11.3% to 1.21 billion; 2023’s expected 2.8% rebound now in doubt
Mini-LEDs to challenge OLEDs in high-end display market
Analysis by Yole Group, PISÉO and DXOMARK estimates over $14bn of mini-LED investment in 2019-2021
GaN device market grows at 12.13% CAGR from $6.24bn in 2021 to $7bn in 2022
Growth driven by rising use of GaN systems in defense & aerospace
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