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SIA expects semiconductor demand to rebound in H2 2023

On November 28, the latest report of the American Semiconductor Industry Association (SIA) pointed out that 2022 was a historic year for the semiconductor industry, and the industry continued to face major challenges. The industry is known for its cyclical cycle, and it is expected that the market cycle will rebound in the second half of 2023. In addition, SIA believes that the shortage of chips will gradually ease in 2022, the growth of global semiconductor sales will significantly slow down in the second half of 2022, and the industrial utilization rate will decline.