Key Takeaways from SEMICON Taiwan 2023: Innovation is Intense, Sustainability is Trending and Power Semiconductors Rise is Remarkable
SEMICON Taiwan 2023 once again underscored Taiwan’s strategic importance in the global semiconductor industry. Entering its 28th year, the event was held in Taipei, gathering 950 exhibitors with 3,000 booths and attracting more than 62,000 visitors. The sheer scale of participation was evident in the hour-long traffic queues and bustling metro platforms as people flocked into the Exhibition Halls.
Innovations and sustainability were the focal points of this year’s show. Distinguished figures from the industry took the stage to emphasize the resilience of the semiconductor supply chain and envision a greener and more intelligent future enabled by semiconductors. Fueled by tremendous opportunities in artificial intelligence, communications, and automotive electronics, the semiconductor industry is poised to expand to a trillion-dollar market by the close of this decade despite the short-term cyclical downturns.
Reshaping Mobility with Power Semiconductors
This year, energy efficiency came to the forefront of innovations, especially among applications that have far-reaching impacts on the global economy, with electric vehicles being one.
Electrification and autonomous trends continue to drive up the semiconductor content per vehicle. Wide bandgap semiconductors like SiC and GaN have emerged as pivotal players, making substantial contributions to the performance and efficiency of next-generation electric vehicles.
It was exciting to see industry key players illustrate significant improvements achieved by new-generation semiconductors in terms of power efficiency, power density, and connectivity. Research firms estimate that silicon-based semiconductors will grow at a CAGR of 4% from 2022 to 2028, while SiC will grow at 31% and GaN at 49%, highlighting the growth potential of wide bandgap semiconductors.
More Data, More Computing Power, More Energy Consumption
The rapid adoption of artificial intelligence applications in every aspect of our lives presents a significant opportunity for the semiconductor industry. The recent breakthroughs in artificial intelligence, like generative AI, are made possible by the progress of semiconductor technologies, which were on full display at this year’s expo.
The computing power and the memory access required for AI applications are still growing at an unprecedented pace, and the energy consumption is proportional to the computing capability. More efficient energy conversion and distribution solutions are critical for data centers to accommodate increasing energy-intensive workloads.
Key takeaways Summary
- SEMICON Taiwan once again turned out to be an enlightening event, fostering the exchange of experiences and the dissemination of ingenious ideas.
- Energy efficiency challenges overall system performance as electronic devices become versatile and highly integrated. GaN power semiconductors are a low-cost and reliable solution to tackle power challenges for power-hungry applications.
- Technology advancement hinges on two significant investments: innovation and talent. We’re pleased to note these were repeatedly addressed in keynotes and presentations at this year’s event.