Pure-Play Foundry Market On Pace For Strongest Growth Since 2014
Driven by growing demand for application processors and other telecomm device sales into 5G smartphones, the pure play foundry market is on pace to expand by a strong 19% this year, after declining 1% in 2019. IC Insights forecasts 200 million 5G smartphone handsets will be shipped in 2020 (although some forecasts expect 250 million…