Happy New Year

5 Jan 2024 - Global chip market forecast to grow to a record $588 billion in 2024.

The World Semiconductor Trade Statistics, an organisation formed by major chip manufacturers, is forecasting a 13.1% growth in 2024 driven by a growing demand for chips using Artificial Intelligence (AI).

Graham Curren, Sondrel CEO, said, “This is reflected in the increasing number of enquiries for our services coming from companies wanting smarter solutions using AI. We are well placed to ride this wave having already delivered many AI-enabled chips on advanced nodes so 2024 should be a very exciting year for us.”

Wishing all our customers and partners a great 2024.