Morris Chang, chairman of TSMC, gave a speech at the recent Global Semiconductor Alliance (GSA) summit. Morris Chang said that in 2011, the global semiconductor industry will grow by 7%, and between 2011 and 2014, The compound annual growth rate (CAGR) of the global semiconductor industry will reach 4.2%.
The head of the world's top pure-film foundry chip makers said that the chip industry has entered the final S-curve development stage, which is a period of maturity and steady growth.
Morris Chang has said that in 2011, the entire chip industry will return to the level of 2008, and earlier than his initial forecast.
Morris Chang predicts that in 2010, the global semiconductor industry will expand by 18%, and the foundry business will exceed the industry average growth level.
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