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TAIPEI, Taiwan--(BUSINESS WIRE)--#Audi--The global automotive landscape is undergoing a decisive shift toward new energy vehicles (NEVs). TrendForce reports that in 1H23, NEV sales—which encompass
The global automotive landscape is undergoing a decisive shift toward new energy vehicles NEVs.
TAIPEI, Taiwan, August 10, 2023--TrendForce predicts the Micro LED market to reach $580 million by 2027.
Mass production of large displays and wearable devices is propelling the Micro LED market. TrendForce predicts that the market value of Micro LED chips will reach 27 million in 2023 indicating a YoY growth of 92. With the scaling of existing application shipments and the introduction of new applications its projected that the market value of Micro LED chips will approach 580 million in 2027 representing a CAGR of approximately 136 from 2022 to 2027.
TAIPEI, Taiwan, August 09, 2023--TrendForce anticipates a 105% HBM supply growth by 2024 with a market shift towards HBM3.