SEMI reports a 5% decline in global silicon wafer shipments for Q1 2024
The SEMI Silicon Manufacturers Group (SMG) reported that global silicon wafer shipments declined by 5.4% quarter-over-quarter to 2,834 million square inches in the first quarter of 2024. This represents a 13.2% decrease compared to the 3,265 million square inches recorded in the same quarter of the previous year. Lee Chungwei, Chairman of SEMI SMG and Vice President and Chief Auditor at GlobalWafers, stated that the decrease in utilization of integrated circuit fabrication facilities and the adjustment of inventory resulted in negative growth for all wafer sizes in the first quarter of 2024. Polished wafer shipments experienced a slightly greater decline compared to EPI wafer shipments when comparing year-over-year figures.
