The storage industry has experienced about a year of destocking, and the effect of production reduction has gradually emerged, and the market is optimistic about the rise of DRAM and NAND Flash spots, which is expected to drive the operation of storage packaging and testing plants.
According to the data on December 14, the export value of ICT products of South Korea Xun Technology (ICT) doubled, ending the dark clouds of 16 months, and finally saw the light of day in November.
According to estimates, the output value of Taiwan's IC industry will reach 4,297.5 billion yuan in 2023, a year-on-year decrease of 112%。Storage and other manufacturing was $175.4 billion, down 256%；The IC packaging industry was NT$392.6 billion, down 15.5 percent from 20228%；The IC testing industry was $190.4 billion, down 12. from 20229%。
From the above data, it can be seen that this year is a difficult year, and the market expects to turn over in 2024 due to demand and base period factors.
According to a report by the World Semiconductor Statistical Association, the global semiconductor sales in 2024 will be revised upward to 5,883 due to the prevalence of generative AI, which has driven a surge in demand for semiconductors$6.4 billion, with an annual growth rate of 13.4 billion1%, while storage product sales were revised upward to 12976.8 billion US dollars, with an annual growth rate soaring to 448%。
Not only the estimation of market institutions, but also the recent trends of the three major factories, Micron, Samsung and SK hynix's recent convergence and production cuts plus new theme stimulus, the market expects that the storage market may be in short supply next year
PTI's revenue in November increased year by year, which was the first time that the annual growth rate of monthly revenue turned positive this year.
Year-to-date revenue is 6396.1 billion yuan, down 1815%。
The company said that the destocking is nearing the end this year, but it is still under some pressure due to the weak consumer demand. However, there is often urgent demand for orders in the near future, and it is optimistic that 2024 will be more favorable.
East China's revenue in November was 6600 million yuan, an annual decrease of 687%。
Revenue in October and November returned to the track of monthly growth, and from the perspective of monthly revenue, the annual decline rate has gradually converged.
East China's main business focus is on storage IC components as the core, providing global semiconductor manufacturers with first-class services from IC packaging, finished product testing to direct shipment.
The market is optimistic that East China's operations are expected to stabilize in the fourth quarter, and in 2024, there is a chance to get rid of this year's trough under the increase in customers' outsourcing orders for packaging and testing.
Huatai's revenue in November was 161.1 billion yuan, with an annual growth rate of 2999%。
From the perspective of monthly revenue, it has been an annual growth pattern since June. Year-to-date revenue is 1518.9 billion yuan, an annual increase of 569%。
Finally, Nanmao, the company's revenue is mainly driven by IC and gold bump products (about 59%), and storage products are only about 339%, but Nanmao is still a leading company in the field of semiconductor packaging and testing, so its view on the storage market is still indicative.
The company said that the operation of the storage industry is slightly better than that of driving IC products, although the level of packaging and testing capacity is affected by the boom and inventory, there are occasional urgent orders for DRAM packaging, and NAND demand still sees a rebound.
If the consumer electronics industry really recovers, the storage industry is expected to rise in 2024.