Third-Generation Semiconductor Industry Strategic Outlook Report 2024: Companies in Europe, U.S. and Japan Lead the Market, with Emerging Competition from China, South Korea and Taiwan

Global Semiconductor Market Performance - The global semiconductor market is expected to remain flat in 2024 compared to 2023 due to geopolitical risks and tightening monetary policies in Europe and the U.S. [1] - The semiconductor market is nearing the end of inventory adjustments, with demand in automotive, high-performance computing (HPC), and the Artificial Intelligence of Things (AIoT) sectors likely to support a return to growth, potentially leading to double-digit increases [1][2] - Integrated Circuits (ICs) dominate the global semiconductor market with over 80% market share [3] Capex of Global Semiconductor Companies - There is a high concentration of capital expenditure (CapEx) among global semiconductor firms, with semiconductor equipment taking the largest share of CapEx [3] Competitive Landscape of DRAM Suppliers - Two South Korean suppliers, Samsung and SK Hynix, dominate the DRAM market with a combined 72% market share [3] - Fierce competition is expected as the DRAM market enters the 1? process in 2024, with HPC applications driving High Bandwidth Memory (HBM) development [3] 3D NAND and Wafer Foundries - The 3D NAND market is advancing into the 200-layer era, with two Korean companies leading the NAND flash market with a 52% share [3] - Major wafer foundries have commenced mass production of the 3nm process, with competition expected to shift to the 2nm era in 2024-2025 [3] Revenue Ranking of Global Semiconductor Companies - TSMC remains the world's largest semiconductor company in 2023, while Nvidia experienced significant revenue growth of 87% [3] Development of Third-Generation Semiconductor Industry - The third-generation semiconductor industry is gaining attention for its high voltage resistance, temperature tolerance, and energy efficiency, which are crucial for achieving net-zero emissions [2] - Companies in Europe, the U.S., and Japan lead the third-generation semiconductor market, with emerging competition from China, South Korea, and Taiwan [2] Product Strategies of Leading Companies - European companies focus on automotive and industrial niches, while U.S. companies prioritize military applications and expand into civilian uses [4] - Major Taiwanese companies are expanding capacity in the third-generation semiconductor sector, focusing mainly on wafer foundry [4]