Press releases

As we enter the second half of the year 2024, the global semiconductor market is gradually bottoming out, with the destocking of semiconductor products, the integration of industry patterns, and the recovery of downstream demand driven by AI + consumer electronics. The Mid-Year Total Semiconductor Equipment Forecast recently released by the SEMI estimated that the total sales of global semiconductor equipment will reach USD 109 billion in 2024, a record high value, with a year-on-year increase of 3.4%. Moreover, it is expected to hit a new high of USD 128 billion in 2025.

The member of LEAP Expo：electronica South China 2023 concluded successfully on November 1! The exhibition covered an area of 50,000 square meters, and gathered 548 high-quality exhibitors. More than 35,000 professional visitors were attracted to the exhibition along with productronica South China, LASER World of PHOTONICS SOUTH CHINA, VisionChina (ShenZhen). It focused on showcasing the latest technologies and applications in areas such as new energy vehicles, energy storage, data centers, smart cabins, smart homes, wearable medical devices, industrial applications, edge AI, and intelligent sensors, providing a professional and dynamic communication platform for electronic companies and industry professionals.