2022Is the global semiconductor industry turning from a boom to a slowdown or even a stagnation in 2012?

Let's discuss wafer manufacturing from the previous paragraph. According to the statistics, the global wafer manufacturing output in 2021 will reach US$379.4 billion, an annual increase of 20.4%, with the production of communication chips creating the largest output value. Gradually entering into 2022Q4, due to the severe inflation phenomenon which is difficult to be solved in the short term, and the interest rate hike which causes the decline of market consumption willingness and thus restricts the demand for wafers, it is estimated that the global production value will reach US$416.2 billion in 2022, with a decline in the annual growth rate to 9.7%, and the growth rate will be further reduced to 0.5% in 2023, with the production value reaching US$418.1 billion.