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Semiconductor Foundry Market is to reach USD 216.67 Bn by 2030 dominated by the Consumer Electronics Segment- Finds Stellar Market Research

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PUNE, India, July 15, 2024 /PRNewswire/ — The manufacturing of semiconductor devices for various industries is the focus of the semiconductor foundry market. The emergence of semiconductor foundry was fueled by the growing demand for advanced chips as the modern world is built on semiconductors. The necessity to continuously create high-performance and efficient semiconductors is driving investments in the semiconductor foundry industry at an increasing pace.

Stellar Market Research, a leading Electronics business research firm has published a report on “Semiconductor Foundry Market“. The report states that the total market size for the Semiconductor Foundry Market was USD 130.26 Bn in 2023 and is expected to grow at a CAGR of 7.5 percent through the forecast period, reaching USD 216.67 Bn by 2030. A bottom-up approach has been used to analyze the market size.

The Semiconductor Foundry Market Report offers a comprehensive analysis of the global semiconductor foundry industry, delving into various factors driving its growth, challenges encountered, and emerging trends shaping its trajectory. The report covers a wide range of topics, including market size, important market segments, regional analysis, competitive landscape, and prospects. Through a meticulous research methodology, the report leverages a blend of primary and secondary research techniques, enabling stakeholders to make informed decisions and capitalize on opportunities within the market.

Semiconductor Foundry Market Scope

Market Size in 2023

USD 130.26 Billion

Market Size in 2030

USD 216.67 Billion

CAGR

7.5 Percent

Forecast Period

2024-2030

Base Year

2023

Number of Pages

225

No. of Tables

137

No. of Charts and Figures

210

Segment Covered

By Technology Node and Industry

Regional Scope

North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage

Market Share, Size, and Forecast by Revenue | 2024−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

Get your Sample PDF:https://www.stellarmr.com/report/req_sample/Semiconductor-Foundry-Market/1194 

What’s New: Recent Additions and Updates

Porter’s five forces study emphasizes the importance of suppliers and buyers have the potential to help stakeholders generate profitable business decisions and build stronger supplier-buyer networks.An in-depth analysis to understand the profitable trends and restraints to gain a stronger foothold.Each region’s major countries are positioned based on the amount of revenue they draw over from the worldwide market.

Key Player Offerings 

In response to the rising customer demand, Taiwanese chipmaker, TSMC (Taiwan Semiconductor Manufacturing Company) will build a second Japanese plant to begin operation by the end of 2027, bringing total investment in its Japan venture to more than $20 billion with the support of the Tokyo government.The shortage of semiconductor chips required for manufacturing Cars in the US has resulted in a partnership between General Motors (GM) and Global Foundries to expand a factory in New York to make chips specifically for GM’s car parts suppliers.

Asia Pacific Leads Semiconductor Foundry Market

Asia Pacific Semiconductor Foundry Market has been dominant attributed to key factors like cost-effective manufacturing, advanced technological advancements, and government initiatives. With the government owning about 40% of its top 100 semiconductor companies and supporting them, the Chinese semiconductor industry has been growing rapidly. In the 14th Five-Year Plan, the country is seeking “self-sufficiency” across all semiconductor categories. Additionally, the Taiwan Semiconductor Foundry market has been leading with Taiwan Semiconductor Manufacturing Company (TSMC) holding a significant share of about 61% while Samsung Foundry from South Korea with about 14% share in Q4 of 2023. Together with United Microelectronics Corporation (UMC), TSMC has the advantages of Taiwan’s growing semiconductor environment, which includes a highly skilled workforce, cutting-edge R&D centers, and significant government assistance. The region’s capacity to produce at semiconductor materials cheaper rates while maintaining high standards improves sales. Southeast Asia, especially Malaysia, Vietnam, and Thailand, plays a crucial role in the semiconductor industry. Vietnam and Thailand have seen significant growth in semiconductor trade with the U.S., while Malaysia remains a key player, accounting for 20% of U.S. semiconductor imports. Strategic initiatives such as the Science Act and CHIPS Act, together with a focus on friend-shoring, shift the semiconductor value chains and strengthen the position in the Asia Pacific Semiconductor Foundry Market.

Semiconductor Foundry Market Segmentation

With the rise of devices that are essential to modern living, such as wearable technology, computers, tablets, and smartphones, the consumer electronics segment has been dominant in the global semiconductor foundry market. As of 2023, there are approximately 4.85 Billion smartphone users globally, representing about 60% of the global population. Because of this huge user base, semiconductors have become increasingly complex and powerful, which is necessary as devices continue to advance to provide improved energy efficiency, performance, and cutting-edge features like 5G connection, augmented reality (AR), and artificial intelligence (AI). About 1.8 billion 5G subscribers are expected to be active globally by 2024, underlining the critical need for cutting-edge semiconductors that can handle the high-speed, low-latency needs of 5G networks. Virtual assistants like Siri and Google Assistant, as well as other AI-driven apps, mostly depend on semiconductor chips that are capable of efficient calculations. The need for more compact and efficient processors that fit into smaller devices without sacrificing performance has resulted in improvements in semiconductor manufacturing methods, including technologies like 5nm and 7nm.

Request for a Sample Report:https://www.stellarmr.com/report/req_sample/Semiconductor-Foundry-Market/1194 

Semiconductor Foundry Market Key Players

Taiwan Semiconductor Manufacturing Company (TSMC) LimitedUnited Microelectronics Corporation (UMC)Global FoundriesSemiconductor Manufacturing International Corporation (SMIC)Fujitsu Semiconductor LimitedSamsung GroupOthers

Key questions answered in the Semiconductor Foundry Market are:

What is a semiconductor foundry?What is the current growth rate of the Semiconductor Foundry Market?Who are the key players in the Semiconductor Foundry Market?What are the factors affecting growth in the Semiconductor Foundry Market?Who held the largest market share in the Semiconductor Foundry Market?What is the demand pattern for the Semiconductor Foundry Market?What are the key trends in the Semiconductor Foundry Market?What are the strategies used by competitors in the Semiconductor Foundry Market?What are the growth prospects in developing countries for the Semiconductor Foundry Market?Which segment is expected to witness the fastest growth and why in the Semiconductor Foundry Market?

Access a Free Sample Report:https://www.stellarmr.com/report/req_sample/Semiconductor-Foundry-Market/1194 

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)Past Pricing and price curve by region (2018 to 2022)Market Size, Share, Size & Forecast by Different Segment | 2024−2030Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by RegionMarket Segmentation – A detailed analysis by Technology Node, Industry, and RegionCompetitive Landscape – Profiles of selected key players by region in a strategic perspectiveCompetitive landscape – Market Leaders, Market Followers, Regional playerCompetitive benchmarking of key players by regionPESTLE AnalysisPORTER’s analysisValue chain and supply chain analysisLegal Aspects of business by regionLucrative business opportunities with SWOT analysisRecommendations

Stellar Market Research a leading Electronics research firm, has also published the following reports:

Luxury Electric Vehicles Market: The Market size was valued at USD 160.14 billion in 2022. The global Luxury Electric Vehicles Market is expected to reach USD 510.12 million by 2029 with a CAGR of 18% from 2023 to 2029.

Semiconductor Memory Market: The market size was valued at USD 102.71 Bn. in 2023 and the total Semiconductor Memory Market size is expected to grow at a CAGR of 7.36 % from 2024 to 2030, reaching nearly USD 168.88 Bn. by 2030.

3D Semiconductor Packaging Market: The market was valued at US$ 21.38 Bn. in 2023. Global 3D Semiconductor Packaging Market size is estimated to grow at a CAGR of 15.8%.

Semiconductor Manufacturing Chemical Market: The market size was valued at USD 12.2 Bn. in 2023 and the total Global Semiconductor Manufacturing Chemical revenue is expected to grow at a CAGR of 8.82% from 2024 to 2030, reaching nearly USD 22.04 Bn. by 2030.

Semiconductor Wafer Inspection Equipment Market: The market size was valued at USD 4.82 Bn. in 2023 and the total Semiconductor Wafer Inspection Equipment Market revenue is expected to grow at a CAGR of 10.28 % from 2024 to 2030, reaching nearly USD 9.56 Bn. by 2030.

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems.

Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4,
Pinnac Memories Fl. No. 3,
Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656
Follow us:
LinkedIn | Twitter | Facebook | Instagram |

Logo: https://mma.prnewswire.com/media/2458342/Stellar_Market_Research_Logo.jpg

 

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Thinkpal learning tablet from Think Academy wins TechRadar Pro Picks and Trusted Reviews Best in Show awards at CES 2025

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LAS VEGAS, Jan. 11, 2025 /PRNewswire/ — Think Academy debuted its Thinkpal tablet at CES 2025 and has won a TechRadar Pro Picks and Trusted Reviews Best in Show awards for this innovative new product.

Both awards are given to innovative products and solutions at CES that stand out from a packed crowd. Think Academy President, Alex Peng, was presented the awards at CES, noting the awards were given to Thinkpal because it is both a wholly unique product in the education technology market and also provides such value to parents and educators.

Designed to transform the way kids learn, explore, and thrive in an ever-evolving world, the Thinkpal is powered by cutting-edge AI that serves as a guide and tutor for young learners. With significant learning loss experienced in recent years, families and educators have faced unprecedented challenges as test scores in reading and math have seen steady declines. Parents have expressed their struggles in reigniting their children’s passion for learning, while educators grapple with the complexities of bridging diverse learning gaps.

To meet these challenges, the Thinkpal tablet offers a tailored, AI-powered solution that provides step-by-step writing guidance and real-time math support, making learning more intuitive and enjoyable.

Alex Peng introduced several key features of the Thinkpal during a press event. He showed the audience how Thinkpal’s “GeniusTutor,” an AI-powered system that transforms learning into an interactive and engaging experience, is the heart of this product’s features. Built on the Microsoft Azure OpenAI GPT-4o model, GeniusTutor provides real-time guidance and feedback, empowering students to:

Conquer complex math problems through logic-driven, step-by-step explanationsMaster writing with interactive prompts and instant feedback that build confidence and creativityEnhance vocabulary and reading skills with innovative tools like “Point-and-Discover,” where children can point to words in a physical book, and the tablet’s camera instantly provides explanations, along with guided reading exercises

Adding a touch of fun and companionship, “Thinkie,” an advanced AI-powered learning companion, engages children through voice-based natural language interactions. Thinkie chats, answers questions, and fosters curiosity, making the learning process enjoyable and dynamic.

With an extensive library of ebooks, gamified coursework, and compatibility with popular applications like Google Classroom, the Thinkpal Tablet is a versatile tool for modern families. The 11-inch TÜV Rheinland-certified eye-care screen also safeguards children’s vision during extended use, while the optional keyboard transforms the tablet into a Chromebook-like device, enhancing productivity and usability.

“Our mission is to provide every child with a personalized, world-class tutor that inspires confidence and a lifelong love for learning”, noted Alex Peng during a media interview Q&A. “We’re honored that TechRadar and Trusted Reviews recognize the potential of the Thinkpal to improve learning through advanced and accessible technology.”

The Thinkpal Tablet will be available for $249 ($339 including keyboard) at shop.thethinkacademy.com. Pre-orders open today.

About Think Academy

Think Academy, a subsidiary of TAL Education Group (NYSE: TAL), has been at the forefront of education innovation for over two decades. Serving more than 5 million K-12 students across 10+ countries, Think Academy is dedicated to creating fair and comprehensive educational opportunities. By integrating advanced technology with expert curriculum design, Think Academy is shaping the future of learning to be more accessible, engaging, and impactful.

For media inquiries, contact:
Cecilia Qian
cecilia@impact5r.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/thinkpal-learning-tablet-from-think-academy-wins-techradar-pro-picks-and-trusted-reviews-best-in-show-awards-at-ces-2025-302348472.html

SOURCE Think Academy

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MLVision M5 Unveiled at CES 2025: Pioneering Innovation in Wearable Technology with the World’s Lightest AI-Powered AR Glasses

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LAS VEGAS, Jan. 11, 2025 /PRNewswire/ — At CES 2025, MLVision has officially launched its groundbreaking MLVision M5, setting a new global standard for wearable technology. Weighing a mere 25.8 grams, the MLVision M5 is the world’s lightest AI-powered AR glasses. The device combines cutting-edge artificial intelligence, precision engineering, and a commitment to privacy and accessibility.

“MLVision M5 is more than just a wearable device; it represents a significant breakthrough in both weight and product design,” said CEO Zhaoen Dai. “Our goal is to create smart AR glasses that feel effortless to wear, leveraging cutting-edge AR display technology and advanced AI models to genuinely help users work and live more efficiently and conveniently.”

Crafted with aviation-grade titanium and ultra-lightweight floating plastic, this device achieves an unprecedented balance between durability and comfort. Weighing only 25.8g, 40% less than traditional AR glasses, it ensures an effortless, all-day wearing experience that feels almost weightless. The ergonomic design caters to users’ needs, making it a perfect companion for both work and leisure.

This device introduces an industry-first modular design, setting a new benchmark for adaptability in AR glasses. This innovation allows users to seamlessly transition between an all-in-one configuration and a clip-on style, accommodating diverse preferences and use cases. For nearsighted users, the M5 eliminates the need for custom prescription lenses—a common limitation in traditional AR glasses. Instead, it can be conveniently clipped onto existing prescription glasses, offering unmatched practicality and cost savings. This thoughtful modularity not only enhances accessibility but also positions the MLVision M5 as a versatile solution for a broad spectrum of users.

One of MLVision M5’s standout features is its immersive visual projection system, which offers an 86-inch private virtual screen. Powered by MLVision’s proprietary Hummingbird Micro-LED light engine and advanced nano-scale diffraction waveguide technology, the glasses create a secure and private viewing experience, ideal for reading confidential documents or browsing personal files. To prioritize eye health, the device utilizes soft green light with a projection distance of 4 meters, reducing strain during extended use.

The MLVision M5 is also equipped with the AIOS platform, delivering unparalleled AI-driven capabilities to enhance user productivity and accessibility. With intelligent tools like document summarization, real-time translation in seven languages, and interactive AI chat for setting reminders and brainstorming ideas, the device seamlessly integrates into the modern workflow. Additionally, its innovative Care Mode provides real-time audio transcription, enabling a more inclusive experience for users with hearing impairments.

The MLVision M5 excels as a navigation powerhouse, offering intuitive, real-time directions to guide users seamlessly through various environments. Whether exploring a new city, finding the fastest route to your destination, or navigating while riding a bike, the M5 ensures you always stay on the right path with ease and confidence.

The MLVision M5 will launch in China at the end of January 2025. Pricing and pre-order details will be announced in the coming weeks.

MLVision, a global innovator in wearable technology, continues to push the boundaries of what is possible by merging innovation, style, and functionality. With the launch of MLVision M5, the company reinforces its commitment to accessibility, sustainability, and creating cutting-edge solutions that redefine how technology is integrated into everyday life.

View original content to download multimedia:https://www.prnewswire.com/news-releases/mlvision-m5-unveiled-at-ces-2025-pioneering-innovation-in-wearable-technology-with-the-worlds-lightest-ai-powered-ar-glasses-302348534.html

SOURCE MLVision

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Brandivio Launches Advanced Retail Allocation Platform for Inventory Excellence

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Brandivio’s inventory optimization solutions empower footwear and apparel brands and retailers to buy smarter, allocate & replenish faster, and meet demand with precision.

NEW YORK, Jan. 11, 2025 /PRNewswire-PRWeb/ — Brandivio, a new generation inventory excellence platform for apparel and footwear retailers, announces its expansion into North America, in conjunction with the National Retail Federation’s (NRF) Big Show in New York City.

The Brandivio platform addresses the unique needs of the retail allocation market, ensuring apparel and footwear retailers have innovative tools to grow and thrive,” said Keith Whaley, SVP of Retail Solutions at Brandivio.

Brandivio, already supporting top-tier brands in EMEA, is built by seasoned retail experts to solve critical inventory challenges in fashion and footwear.

Leveraging machine learning, real-time demand signals, and automation, the Brandivio platform optimizes the distribution of products across a retailer’s stores and e-commerce channels ensuring the right products are in the right places at the right times, ultimately improving sales and margin performance, customer satisfaction, and inventory efficiency.

Key Features of Brandivio –

Advanced Demand Sensing: Predict future demand for short lifecycle products using machine learning native algorithms incorporating hyper-local external datasets to map powerful demand drivers.Dynamic Inventory Allocation: Adjust inventory in real time at the SKU/location level based on in-season trends to reduce stockouts and overstock situations.Real-Time Analytics: Drive test and learn strategies, optimize assortment in-season and connect functional teams across the organization with actionable insights for rapid response to market trends.Automation: Reduce up to 80% of existing manual planning efforts and redirect planner focus towards even greater efficiencies.Ease of Use: Intuitive workflows ensure rapid adoption without extensive training.

“Retailers can no longer rely on outdated tools or seasonal strategies,” said James Townsend, CEO of Brandivio.

“Brandivio democratizes retail data science, enabling brands to level the playing field, compete effectively, and maximize profits in today’s fast-paced market.”

This launch underscores Brandivio’s mission to support U.S. retailers facing tighter margins and increasing competition. “Our platform addresses the unique needs of this market, ensuring retailers have the tools to grow and thrive,” added Keith Whaley, SVP of Retail Solutions.

Contact us for a demo at info@brandivio.com or visit Brandivio.com for more.

Media Contact

Keith Whaley, Brandivio, Inc., 1 9494453183, keith.whaley@brandivio.com, https://brandivio.com

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SOURCE Brandivio, Inc.

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