Holtek Semiconductor News Today

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Dublin, Oct. 11, 2023 (GLOBE NEWSWIRE) -- The

MCU specialists such as Holtek Semiconductor, Nuvoton Technology, and Generalplus Technology all experienced modest sequential revenue growth in May, despite the fact that demand for consumer electronics as a whole has yet to recover significantly.

In line with the mega trend of intelligence and edge AI applications, Taiwans MCU makers are focusing on the development of MCUs integrated with AI to explore the AI MCU business opportunities and create more new edge AI markets and applications, according to industry sources.

Microcontroller unit (MCU) specialist Holtek Semiconductor remains cautious about the consumer MCU market, which is not expected to bottom out until 4Q23, said president Gordon Gau.

Due to the low demand for consumer electronics, price competition among China-based MCU suppliers is becoming increasingly fierce, according to industry sources in Taiwan. Taiwan-based MCU providers have long been preparing to respond to price competition.

MCU specialist Holtek Semiconductor is maintaining its cautious stance, citing the continued lack of clarity on market conditions.

Chinas consumer electronics market demand is not expected to recover significantly until the second half of the year despite a recent pick-up in retail sales, and the Double 11 shopping festival will be a critical indicator of the recovery momentum, according to China-based MCU and flash memory chips supplier GigaDevice Semiconductor.

Demand for MCU, after hitting the bottom in the first quarter, is expected to start picking up in the second quarter with Chinas recovery from the COVID-19 pandemic, according to sources from the upstream supply chain.

Consumer MCU specialists Holtek Semiconductor and Nuvoton Technology are both looking to expand their deployments in non-Chinese markets, while anticipating overall market demand will gradually pick up later this year.