IDC Report: Semiconductor Market to Grow by 17.3% in 2021, Overcapacity by 2023

IDC Report: Semiconductor Market to Grow by 17.3% in 2021, Overcapacity by 2023

IDC yesterday published a report on the health and expectations of the semiconductor market, noting an expected growth of 17.3% for the current calendar year. The forecast beats the historical growth of 10.3% registered for 2020, which saw overwhelming demand for semiconductors from almost all related industries due to the COVID-19 pandemic.  The report indicates…

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