In 2026, the OLED industry faced a cold snap: a 20% plunge in panel shipments due to declining mobile phone sales forced Samsung to turn to Chinese suppliers for price reductions to survive.
In 2024, the global chip industry is expected to enter a recovery cycle!
The most crucial logic behind the bullish sentiment towards TSMC lies in the fact that global chip demand is entering or about to enter a comprehensive recovery cycle, which signifies an upward trend in the prosperity of the chip industry
As China’s share in global chip consumption grows, its domestic demand provides momentum for the expansion of its semiconductor industry, making it the world’s largest high-tech manufacturer and semiconductor producer. Furthermore, China has surpassed the United States in core technology, emerging as a global leader in the semiconductor field.