Intel’s CEO Envisions Over One Hundred Million AI PC <span style='color:red'>Shipment</span>s in Two Years
  On November 7th, Intel held its “Intel Innovation Taipei 2023 Technology Forum”, with CEO Pat Gelsinger highlighting the healthy state of PC inventory. He also expressed optimism about the injection of several more years of innovative applications and evolution in PCs through AI.  Intel Aims to Ship over One Hundred Million AI PC within the Next Two Years  Gelsinger expressed that the PC inventory has reached a healthy level, and he is optimistic about the future growth of AI PCs, which are equipped with AI processors or possess AI computing capabilities. He anticipates that AI will be a crucial turning point for the PC industry.  Additionally, Gelsinger stated that the server industry may have seemed uneventful in recent years, but with the accelerated development of AI, it has become more exciting. AI is becoming ubiquitous, transitioning from the training phase to the deployment phase, and various platforms will revolve around AI.  Gelsinger expressed his strong confidence in Intel’s position in the AI PC market, expecting to ship over one hundred million units within two years.  Intel’s Ambitious Expansion in Semiconductor Foundry Landscape  Intel is actively promoting its IDM 2.0 strategy, with expectations from the industry that the company, beyond its brand business, has advanced packaging capabilities to support semiconductor foundry operations. In the future, Intel is poised to compete with rivals such as TSMC and Samsung.  Gelsinger noted that some have viewed Intel’s plan of achieving five technical nodes in four years as “an ambitious endeavor.” However, he emphasized that Intel remains committed to its original goal of advancing five process nodes within four years.  The company’s foundry business has received positive responses from numerous potential customers, and while it may take three to four years for significant expansion, the advanced packaging aspect may only require two to three quarters to get on track.  This transformation marks a significant shift for the company, setting new standards in the industry. Intel is making steady progress in its four-year plan to advance five nodes, and Moore’s Law will continue to extend. The construction of Intel’s new factories is also ongoing.  According to Intel’s roadmap, Intel 7 and Intel 4 are already completed, Intel 3 is set for mass production in the latter half of this year, and Intel 20A and 18A are expected to enter mass production in the first and second halves of next year, respectively.
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Release time:2023-11-08 16:10 reading:1660 Continue reading>>
 Huawei’s Strategic Stockpiling: Aiming for 70 Million Smartphone <span style='color:red'>Shipment</span>s
  According to Jiwei, Huawei has been actively amassing an inventory of essential components, with the objective of doubling its smartphone shipments next year, targeting a range of 60 to 70 million units.  Numerous sources from the supply chain and industry analysts report that Huawei has been steadily building up its stocks of components, including camera lenses, imaging modules, printed circuit boards, and other essential parts since the start of this year. Additionally, Huawei has urged its exclusive US supplier for 4G chips, Qualcomm, to fulfill the entirety of the annual orders before June.  SMIC, rumored to be a chip supplier for Huawei, is drawing attention with their recent developments. According to employees at a US equipment manufacturer, SMIC likely established production lines for 7nm chips as early as 2018 or 2019. This strategic move was aimed at mitigating the impact of US restrictions and subsequent export controls imposed by Japan and the Netherlands.  In recent years, Huawei’s smartphone business has faced significant challenges due to actions taken by the United States. According to data from market research firm TrendForce, Huawei’s smartphone shipments declined from a peak of 242.5 million units in 2019 (ranking third globally) to 39 million units last year, placing it ninth in the rankings with market share decreased from 14% to 2.9%.  The official release of the Huawei Mate 60 Pro on August 29th appears to be a breakthrough in this situation. Presently, this model has become a long-awaited success story in the consumer electronics market. In addition to suppliers for innovative technologies such as Huawei’s satellite communications and NearLink technology, companies dealing with optical components, display panels, structural elements, and others are all ramping up their production efforts.  During the Huawei Autumn Full-Scene New Product Launch event, Huawei’s Terminal BG CEO and Chairman of the Smart Car Solutions BU, Richard Yu, expressed his satisfaction with the reception of the “Pioneer Plan.” The team is diligently working to meet the soaring demand as swiftly as possible. It’s worth noting that the “Pioneer Plan” encompasses products like the Mate 60 Pro, Mate 60 Pro+, and the foldable screen Mate X5.
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Release time:2023-10-11 13:56 reading:1527 Continue reading>>
Ameya360:LCD Monitor <span style='color:red'>Shipment</span>s Forecast to Return to Pre-Pandemic Level for 2023
  LCD monitor shipments are estimated to reach around 135 million units for 2022, showing a year-on-year (YoY) drop of 7%, according to TrendForce. Even though shipments on the whole were relatively stable during the first half of 2022 (1H 2022), the demand from the commercial segment of the LCD monitor market slowed down significantly in 2H 2022 as enterprises were scaling back their budgets.  Furthermore, the effects of the ongoing inflation and rising interest rates became more prominent over time, and the demand for consumer electronics fell considerably as a result. This development thus impacted the consumer segment of the LCD monitor market during 2H 2022. Regarding 2023, the pandemic-related demand has subsided, and there are still a lot of uncertainties with respect to the course of the global economy and politics. Given this situation, TrendForce projects that LCD monitor shipments will return to the pre-pandemic level, coming to around 127 million units and registering a YoY decline of about 5.8%.  TrendForce states that LCD monitor shipments on the whole were relatively stable during 1H 2022. In 2Q 2022, the demand for LCD monitors did experience a freeze because of the Russia-Ukraine military conflict. The ongoing global inflation was exacerbated by this geopolitical event, thereby compelling consumers to allocate a greater share of their budgets to daily necessities and reduce their spending on consumer electronics.  However, commercial customers in Europe and North America still had some leftover portions of earlier orders that were originally scheduled to be fulfilled in 2021. The release of this deferred demand not only helped prop up LCD monitor shipments for the entire 2022 but also enabled HP to climb back to second place in the global ranking of LCD monitor brands by annual shipments.  The annual total shipments of the global top 10 LCD monitor brands are forecasted rise by about 1% YoY for 2023. This projection is based on the top 10 brands’ respective shipment targets for the year. Now, with the arrival of 2023, orders from commercial customers are showing a substantial shrinkage. Therefore, Dell and HP have lowered their annual shipment targets.  The target that Dell has set for 2023 is 11.4% lower than its shipment result for 2022. As for HP, the target it has set for 2023 is 3.1% lower than its shipment result for 2022. Turning to Chinese commercial monitor brand Lenovo, its target for 2023 is almost on par with its shipment result for 2022.  Conversely, consumer monitor brands have significantly raised their annual shipment targets for 2023 because most of them posted a weak shipment result for 2022. Nevertheless, the scale of the entire LCD monitor market is expected to keep shrinking during 2023, so raising shipments is going to be a fairly challenging endeavor.  TrendForce believes that maintaining profitability by upgrading specifications may be more important for monitor brands than simply increasing unit shipments. For instance, monitor brands could introduce more high-end OLED monitors, or they could follow the two major brands Dell and Acer in replacing the existing 60Hz or 75Hz products with 100Hz ones. These are some of the specification upgrades that could help retain a healthy profit margin.
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Release time:2023-02-13 15:08 reading:1928 Continue reading>>
Ameya360:Global Smartphone <span style='color:red'>Shipment</span>s Down 12% in 2022
  The global smartphone market remained under pressure in the fourth quarter (4Q 2022) with shipments declining by 18% year-on-year (YoY) to the lowest level for a holiday quarter since 2013, even as they grew by 1% quarter-on-quarter (QoQ) to 303.9 million units, according to the latest research from Counterpoint Technology Market Research’s Market Monitor service. Shipments for the full year 2022 also declined to 1.2 billion units, the lowest since 2013.  “The war in Ukraine, inflationary pressures, economic uncertainty and macroeconomic headwinds kept the consumer sentiment weak in 2022 while smartphone users reduced the frequency of their purchases. The smartphone market remained under pressure in the fourth quarter of 2022 as the cost-of-living crisis, shortage in the labor market and a decline in consumers’ purchasing power resulted in double-digit declines in the shipments of each of the top five smartphone players,” said Senior Analyst Harmeet Singh Walia.  Consequently, global smartphone revenue and operating profit also saw a decline, although to a lesser degree than in shipments. An increased mix of premium phone offerings by major OEMs drove up the overall average selling price (ASP) by 5% YoY in 2022. The 9% decline in revenue, while lower than in shipments, resulted in annual smartphone revenues amounting to $409 billion, the lowest since 2017. A larger decline was prevented by a 1% growth in Apple, the only top five smartphone OEM to do so.  “Having proficiently managed its production problems, Apple was able to weather a year already marred by economic and geopolitical turmoil better than other major smartphone players. Its iPhone Pro series continued performing well and its share of iPhone shipments could have been even higher if not for the production issues caused by the COVID-19 breakout at the Zhengzhou factory, which produces the vast majority of Pro series volumes. As a result, some Pro series volumes got pushed to January,” said Research Director Jeff Fieldhack.  Consequently, its shipment, revenue and operating profit declined YoY in Q4 2022. However, it outperformed a struggling smartphone market in terms of shipment, revenue and operating profit growth, in turn achieving its highest-ever shares of 18%, 48% and 85% in these metrics respectively, in 2022.  Apple also benefited from the premium segment, its primary constituency, being less severely affected by the economic and geopolitical uncertainties that marred the year. Moreover, mature smartphone users are now choosing premium devices that last longer.  Elaborating on the ‘premiumization’ trend, Research Director Tarun Pathak said, “premiumization can also be seen within the Android ecosystem and is being led by Samsung with its foldable smartphones. As a result, Samsung was the only top five OEM besides Apple to see a 1% growth in revenue, even though its shipments declined by 5% in 2022 and operating profit declined by 1%. The performance of its flagship smartphones was stronger than market projections. Nevertheless, with a smaller profit decline than the overall smartphone market, its operating profit share increased slightly to 12% in 2022.”  Chinese smartphone players suffered from domestic lockdowns for much of the year in addition to facing global economic and geopolitical difficulties. As a result, the shipments of Xiaomi, OPPO* and vivo fell by more than 20% each. Despite offering premium phones at aggressive margins, Chinese brands are yet to make headway in the premium market and have not been able to capitalize completely on Huawei’s decline. Unsurprisingly, then, their revenue as well as operating profit saw double-digit declines.  Counterpoint Research expects the market to remain under pressure until the end of the first half of 2023 and to start recovering thereafter.
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Release time:2023-02-10 13:33 reading:1970 Continue reading>>
Global IC Wafer <span style='color:red'>Shipment</span>s, Revenue Hit New Records in 2022
Global Device <span style='color:red'>Shipment</span>s to Drop 4% in 2023
  Worldwide shipments of total devices—PCs, tablets and mobile phones—are projected to decline by 4.4% in 2023, to total 1.7 billion units, according to Gartner Inc. In 2022, the devices shipment market declined 11.9%.  “The depressed economic market will continue to dampen demand for devices throughout 2023. In fact, end-user spending on devices is projected to decline 5.1% in 2023,” said Ranjit Atwal, Senior Director Analyst at Gartner. “Just as business confidence was beginning to recover after the worst of the pandemic, it has now fallen significantly in most regions. We do not expect relief from inflation and the bottom of the recession to occur until the fourth quarter of 2023.”  The downward trend affecting the devices market will lessen in 2023 on the expectation of a less pessimistic economic outlook through 2023, eventually increasing consumer and business spending.  PC inventory levels will return to normal by 2H23  PC shipments will continue to record the worst decline of all devices segments in 2023. PC shipments are estimated to decline 6.8% in 2023, after a 16% decline in 2022 (see Table 1).  Through 2023, PC vendors will reduce inventory levels and Gartner analysts expect PC inventory levels will return to normal by the second half of 2023 after significantly increasing in 2022. “Inventory levels increased due to vendors overestimating market demand and because of the collapse in consumer confidence and dramatic fall in demand,” said Atwal.  In 2022, while many business PCs could upgrade to the Windows 10 operating system (OS), many did not. By the end of 2023, Gartner expects more than 25% of business PCs will upgrade to Windows 11. However, Windows 11 will not drive enough sales to reach the same volumes seen between 2020 and 2022. In addition, as high inflation rates and impending recession decrease discretionary spend and budgets, Gartner estimates consumers and businesses will extend their PC and tablet replacement cycles by over 9 months by the end of 2023.  Replacement cycles of mobile phones will also extend in 2023  Gartner forecasts worldwide smartphone shipments to decline 4% in 2023. Smartphone shipments are projected to total 1.23 billion units in 2023, down from 1.28 billion units in 2022.  “Consumers are holding onto their phones longer than expected, from six to 9 months, and moving away from fixed to flexible contracts in the absence of meaningful new technology,” said Atwal. “In addition, vendors are passing on inflationary component costs to users which is dampening demand further. End-user spending on mobile phones is projected to decline 3.8% in 2023.”
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Release time:2023-02-07 13:51 reading:1956 Continue reading>>
Ameya360:Global PC <span style='color:red'>Shipment</span>s Down 28% in 4Q 2022
  Global PC shipments left the fourth quarter of 2022 (4Q 2022) with a record-high year-on-year (YoY) decline of 27.8% to reach 65.2 million units, according to Counterpoint Technology Market Research’s data. Although inventory levels of several OEMs and ODMs likely peaked in 3Q 2022, the year-end season failed to accelerate the PC shipment momentum in 4Q.  At 286 million units, the total PC shipments for 2022 also reflect a muted global PC demand with four consecutive quarters of YoY shipment declines. Counterpoint Research is not expecting a decent rebound in 1H 2023.  Macroeconomic headwinds, increasing inflation pressure and frozen PC demand affected the global PC market in 2022, with shipments declining 15% YoY. Besides, consumers who bought new PCs were still enjoying the latest models, whereas enterprises were working more carefully on their budgets. Also, the lack of appealing functions and financial support could not bring in incremental demand in 2022, not to mention the aggressive inventory digestion target of OEMs since 1H 2022.  Record YoY Shipment Decline in Q4 2022    Source: Counterpoint Research  Lenovo continued to lead the market in 4Q 2022 but with a flattish 23.7% share. Mild inventory correction dragged the company’s performance amid a lackluster holiday season. Its shipments declined 17% YoY in 2022 to take a 23.7% market share. We expect Lenovo’s shipment decline to normalize along with demand revival in the Chinese market in 2023.  HP secured its second place in 4Q 2022 with a 20.3% share. Its shipments declined 29% YoY during the quarter but it was the only major PC OEM to report positive sequential shipment growth in 4Q, thanks to improving shipment performance in North America and a lower base in 3Q. HP had the largest shipment pullback in 2022 due to weak consumer demand across the globe. The company ultimately recorded a below 20% market share in 2022. But we expect a meaningful share rebound in 2023.  Dell’s 16.7% market share was the lowest in the past seven quarters largely due to an enterprise demand slowdown. As the economic situation remains weak, the company is not expected to see rapid pick-up for commercial models in 2023, which is crucial for Dell to narrow the market share gap with HP. Therefore, we may see pressures on Dell’s share (17.4% in 2022) and shipment performance in 2023.  Apple’s comparatively tiny 3% YoY shipment decline in 4Q 2022 helped the company close the book with a flattish shipment volume performance for 2022. Apple kept gaining market share at the expense of x86-based vendors and recorded a double-digit share in the second half of 2022 and 9.4% in the full year. Arm-based M-series models helped the company weather the slump cycle in both consumer and commercial devices in 2022.  Global PC Shipments by Vendor, 4Q 2022    Source: Counterpoint Research  Windows on Arm a key focus in 2023  Despite near-term headwinds, we could still see global PC shipment volumes higher than pre-COVID levels in the coming years, thanks to the continuous work environment and lifestyle changes and delayed procurement from both consumer and commercial sectors after 1H 2023. Consumer demand will likely see gradual rebound in 2H 2023 followed by a slower warm-up in enterprise procurement. Soft demand in the first half will cause heavy pressure on global PC shipments. Therefore, we do not see annual shipment growth in 2023.  Eying Apple’s M-series success, Qualcomm’s Arm-based Oryon CPU will likely enter the market and heat up Windows-on-Arm momentum in 2023. We see mid-single-digit YoY shipment growth for Arm-based laptops compared to the global laptop market’s high-single-digit shipment decline in 2023.
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Release time:2023-01-30 10:30 reading:1882 Continue reading>>
Ameya360:PC <span style='color:red'>Shipment</span>s Continue Slump in 4Q 2022
  Global shipments for traditional PCs fell below expectations in the fourth quarter of 2022 (4Q 2022), with 67.2 million PCs shipped, down by 28.1% from the prior year, according to preliminary results from the International Data Corp. (IDC) Worldwide Quarterly Personal Computing Device Tracker.  The 4Q 2022 shipments are comparable to the fourth quarter of 2018, when the market was constrained by Intel’s supply challenges. It is clear the pandemic boom is over for the PC market, but despite recent declines, annual shipments for 2022 were well above pre-pandemic levels at 292.3 million units for the full year. However, demand remains a concern as most users have relatively new PCs and the global economy worsens.  “Average selling prices (ASPs) across many channels also fell as excess channel inventory over the course of the past few months triggered discounting in an effort to spur demand,” said Jitesh Ubrani, research manager for IDC’s Mobility and Consumer Device Trackers. “Despite these efforts, inventory management of finished PCs as well as components will remain a key issue in the coming quarters and has the potential to further affect ASPs.”  Supply side activity shows many large vendors entered 2023 with a cautious outlook, but the consensus is that portions of the PC market could return to growth in late 2023 with the overall market following in 2024. The commercial segment has several drivers towards growth, including the approaching end of support for Windows 10 and a building refresh cycle, while the consumer market remains a wildcard for 2023 and beyond.  “Consecutive quarters of declines clearly paint a gloomy picture of the PC market, but this is really all about perception,” said Ryan Reith, group vice president with IDC’s Worldwide Mobility and Consumer Device Trackers. “2021 was near historic levels for PC shipments, so any comparison is going to be distorted. There’s no question when we look back at this time that the rise and fall of the PC market will be one for the record books, but plenty of opportunity still lies ahead. We firmly believe the market has the potential to recover in 2024 and we also see pockets of opportunity throughout the remainder of 2023.”  Notes:  – Some IDC estimates prior to financial earnings reports. Data for all companies are reported for calendar periods.  – Shipments include shipments to distribution channels or end users. OEM sales are counted under the company/brand under which they are sold.  – Traditional PCs include Desktops, Notebooks, and Workstations and do not include Tablets or x86 Servers. Detachable Tablets and Slate Tablets are part of the Personal Computing Device Tracker but are not addressed in this press release.
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Release time:2023-01-16 11:50 reading:2000 Continue reading>>
Despite concern, large TFT LCD panel shipments increase
  Global shipments of large thin-film transistor (TFT) liquid crystal display (LCD) panels rose again in 2018 despite concerns of over-supply in the market. In particular, area shipments increased by 10.6 percent to 197.9 million square metres compared to the previous year, driven by TV and monitor panels, according to IHS Markit.  Fierce price competition in large 65 and 75-inch display panels was ignited as Chinese panel maker BOE started the mass production of the panels in 2018 at its B9 10.5-generation facility. “With BOE operating the 10.5-generation line, panel makers have become more aggressive on pricing since early 2018 to digest their capacity,” said Robin Wu, principal analyst at IHS. “Large panels are still more profitable than smaller ones.”  Rising demand for gaming-PC and professional-purpose monitors boosted shipments of high-end, large panels. “Some panel makers have allocated more monitor panels to the fab, replacing existing TV panels, to make up for poor performance of that business,” Wu said.  Demand for other applications, which include public, automotive and industrial displays, recorded the highest growth rates of 17.5 percent by area and 28.6 percent by unit. “Panel makers view these applications as a new cash cow that can compensate for the sharp price erosion in main panels for TVs, monitors and notebook PCs,” Wu said.  LG Display led the area shipments of large display panels, with a 21 percent share in 2018, followed by BOE (17 percent) and Samsung Display (16 percent). BOE boasted the largest unit-shipment share of 23 percent, followed by LG Display (20 percent) and Innolux (17 percent), according to the Large Area Display Market Tracker by IHS Markit.  Large TFT LCD panel shipment growth is expected to continue in 2019. The preliminary forecast for unit shipments of three major products indicates that panel makers will continue to focus on the monitor and notebook PC panel businesses, increasing shipments by 5.3 percent and 6.6 percent, respectively, over the year, while shipments of TV panels are forecast to grow just 2.6 percent.  In 2019, three new 10.5-generation fabs – ChinaStar’s T6, BOE’s second fab and Foxconn/Sharp’s Guangzhou line – are expected to start mass production. All of them are assigned to manufacture TV panels, further boosting TV panel supply. “As the TV panel business is predicted to remain tough, panel makers, who enjoyed relatively better outcomes with monitor and notebook PC panels in 2018, will likely focus on the IT panel businesses,” Wu said.
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Release time:2019-01-24 00:00 reading:2141 Continue reading>>
Semiconductor Unit <span style='color:red'>Shipment</span>s Exceeded 1 Trillion Devices in 2018
  Semiconductor units forecast to increase 7% in 2019 with IC units rising 8%, O-S-D units growing 7%.  Annual semiconductor unit shipments, including integrated circuits and optoelectronics, sensors, and discrete (O-S-D) devices grew 10% in 2018 and surpassed the one trillion unit mark for the first time, based on data presented in the new, 2019 edition of IC Insights’ McClean Report—A Complete Analysis and Forecast of the Integrated Circuit Industry. As shown in Figure 1, semiconductor unit shipments climbed to 1,068.2 billion units in 2018 and are expected to climb to 1,142.6 billion in 2019, which equates to 7% growth for the year.  Starting in 1978 with 32.6 billion units and going through 2019, the compound annual growth rate for semiconductor units is forecast to be 9.1%, a very impressive growth figure over 40 years, given the cyclical and often volatile nature of the semiconductor industry.Figure 1  Over the span of just four years (2004-2007), semiconductor shipments broke through the 400-, 500-, and 600-billion unit levels before the global financial meltdown caused a big decline in semiconductor unit shipments in 2008 and 2009.  Unit growth rebounded sharply with 25% growth in 2010, which saw semiconductor shipments surpass 700 billion devices. Another strong increase in 2017 (12% growth) lifted semiconductor unit shipments beyond the 900-billion level before the one trillion mark was achieved in 2018.  The largest annual increase in semiconductor unit growth during the timespan shown was 34% in 1984, and the biggest decline was 19% in 2001 following the dot-com bust.  The global financial meltdown and ensuing recession caused semiconductor shipments to fall in both 2008 and 2009; the only time that the industry experienced consecutive years in which unit shipments declined.  The 25% increase in 2010 was the second-highest growth rate across the time span.  The percentage split of total semiconductor shipments is forecast to remain heavily weighted toward O-S-D devices in 2019 (Figure 2).  O-S-D devices are forecast to account for 70% of total semiconductor units compared to 30% for ICs.  This percentage split has remained fairly steady over the years.  In 1980, O-S-D devices accounted for 78% of semiconductor units and ICs represented 22%.  Many of the semiconductor categories forecast to have the strongest unit growth rates in 2019 are those that are essential building-blocks for smartphones, automotive electronics systems, and devices that are used in computing systems essential to artificial intelligence, “big data,” and deep learning applications.Figure 2
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Release time:2019-01-24 00:00 reading:4352 Continue reading>>

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