The industry can hope for the introduction of newer technologies, reduced power dissipation, compact devices, and more efficiency to deliver efficient power in 2024.  (Source: chones - stock.adobe.com)
OUTLOOK

Power electronics trends: What to expect in 2024?

The year 2023 presented the power electronics industry with the success of aluminum nitride wafers, new tech IGBTs, solar cell efficiency, BESS, and whatnot! The dream of LK-99 being a room-temperature superconductor ran through half of the year. The article lists five power electronics trends that will rise in 2024.

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Read more about the current semiconductor industry strength in this article. (Source: Miha Creative - stock.adobe.com)
MARKET OVERVIEW

Global semiconductor manufacturing industry strength up in Q1 2024

The latest report from SEMI industry association indicates that the semiconductor manufacturing industry is experiencing a period of growth. Sales are increasing, with integrated chips representing the most significant growth area. Inventories are stabilising, and factories are expanding in order to meet the growing demand, particularly for powerful AI chips. It is anticipated that this trend will continue throughout the second half of the year. Is this pointing towards an overall recovery?

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