Taiwan’s IC industry records 8.2% output growth for 2016

Taipei--The production value of the local integrated circuit sector last year was NT$2.45 trillion (US$79.58 billion), an 8.2 percent annual growth, according to an industry report released Monday.

In the fourth quarter of 2016, the output value of the IC industry was NT$644.2 billion, a 14.4 increase year-on-year but a decline of 2.3 percent from the previous quarter, according to statistics from the Taiwan Semiconductor Industry Association and the Industrial Economics & Knowledge Center.

The IC design segment's output value last year amounted to NT$653.1 billion, a 10.2 percent annual growth, while the IC manufacturing segment posted NT$1.33 trillion in production value last year, 8.3 percent higher than the previous year, the report said.

In the fourth quarter of last year, the IC design segment registered NT$159.8 billion in production value, representing a sequential fall of 10.4 percent and a 0.6 percent year-on-year decline, according to the report.

It said that in the last quarter of 2016, the IC manufacturing segment registered a 0.5 percent sequential output growth after posting NT$360.6 billion in production value, up 23.2 percent from a year earlier.

Source: Focus Taiwan News Channel