August’s WSTS Blue Book showed Q2-2023 sales rebounding strongly, up 4.2 percent vs. Q1, heralding the end of the downturn and welcome news for the beleaguered chip industry.
The really good news, however, was that the downturn bottomed one quarter earlier than previously anticipated. This pull-forward only added a modest US$11… Read More
Tuesday Mar 21 2023, 3pm UK GMT
The semiconductor market is known for its cyclicality, with periods of high demand and supply shortages followed by periods of oversupply and low demand. This current cycle, the 17th in the industry’s history, took the market by surprise given perceived dictated that geographically… Read More
In 2021, we shocked the industry with our predictions of a double-digit ‘supercycle’ in 2022, followed by a crash in 2023. Despite industry skepticism, bordering on outright disbelief, our predictions were on point, based on decades of semiconductor experience and data analysis.
Now, as the industry finally accepts the impending… Read More
Dan is joined by Malcolm Penn, CEO of Future Horizons. Malcolm is a contributor to SemiWiki and a frequent podcast guest.
Dan and Malcolm discuss what happened in the semi industry last year and what 2023 and 2024 will look like and why. The discussion is a preview to Malcolm’s upcoming Industry Update Webinar on January … Read More
The semiconductor market declined 6.3% in 3Q 2022 from 2Q 2022, according to WSTS. Based on the outlook for 4Q 2022, the second half of 2022 will be down over 10% from the first half of 2022. The 2H 2022 decline will be the largest half-year decline since a 21% drop in the first half of 2009 versus the second half of 2008 during the great … Read More
Charles Shi, semiconductor analyst at Needham & Company, an US-based investment bank and asset management firm, hosted an expert call on semiconductor cycles with Malcolm Penn, Founder and CEO of Future Horizons on 18 August 2022, with over 100 financial analysts in attendance. The following bulletin is a summary of the… Read More
What we alone said would surely happen, but what was widely denied by the industry, was confirmed with June’s WSTS Blue Book report. Right on cue with our December 2021 forecast, the current semiconductor Super Cycle is finally drawing to a close and the 17th market downturn has now well and truly started.
The Macro Evidence
At the… Read More
Dan is joined by Malcolm Penn, founder and CEO of Future Horizons, a firm that provides industry analysis and consulting services on the global semiconductor industry.
Dan and Malcolm discuss the current and future state of the semiconductor industry. What has driven the cyclic nature of the business and are we doomed to repeat… Read More
COVID was certainly a black swan event but semiconductors have seen similar events over the past 50 years, some of which I have experienced personally. The Dot-com bubble comes to mind but there were others. The question is will history repeat itself and the answer, according to Malcolm Penn of Future Horizons, is yes.
Malcolm is… Read More
Dan is joined by Malcolm Penn, long-term semiconductor industry veteran and founder of Future Horizons, Dan and Malcolm review their last discussion on 2021 forecasts, which produced aggressive numbers many said were too optimistic. Their predictions turned out to be on the mark.
They also explore the topic of 2022 -what … Read More
