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TrendForce Says Global Market Value for Voice Recognition Will Register CAGR of 43.64% During 2016~2021 as Applications for AI Expands

21 Jan amazon-echo-624x506

Development of AI systems and their applications will continue to revolve around voice and image recognition technologies in 2017. According to market research firm TrendForce, the global market value of voice recognition solutions is projected to grow from US$2.61 billion in 2016 to US$15.98 billion in 2021, with the CAGR in the forecast period at 43.64%. The main source of growth momentum will come from the widespread adoption of voice-based virtual assistants in various devices. (more…)

TrendForce Reports PERC Cell’s Global Production Capacity to Reach 25GW in 2017, Resulting in Doubling of Total Annual Output

20 Jan 8341383042_7931b72bc0_z-624x468

Volume production of PV cells based on PERC (passivated emitter rear cell) technology is expected to reach a new peak in 2017 on account of advances in equipment and manufacturing process. (more…)

China’s Third-Party Payment Industry to Take a Huge Hit as Its RMB 500 Billion Client Reserve Funds Will Be Placed Under Centralized Management This April, Says TrendForce

19 Jan Third-Party-Payment

Starting in April 2017, third-party payment providers in China will have to put their client reserve funds under centralized management of People’s Bank of China (PBoC). This policy is expected to have a heavy impact on major domestic payment providers including Alibaba and Tencent as it prevents them from using the reserve funds to generate interest income or grow their businesses. According to market research firm TrendForce, the total amount of reserve funds that will transfer from third-party payment providers to the control of the Chinese government is estimated around RMB 500 billion. (more…)

Tight Supply Causes Contract Prices of Server DRAM Modules to Rise Over 25% Sequentially in First Quarter of 2017, Says TrendForce

11 Jan shutterstock_254503039-624x416

At the start of the first quarter of 2017, contract prices of server DRAM modules have already increased by over 25% on average from the same point in the prior quarter, according to the latest report by DRAMeXchange, a division of TrendForce. (more…)

CES 2017 Reveals AR/VR Industry Has Shifted Its Focus From Hardware to Applications, TrendForce Reports

9 Jan shutterstock_390640891-624x414

AR and VR continue to grab attention worldwide and their uses have expanded into tourism, work, warehousing operations and drones, reports TrendForce from CES 2017. The related demonstrations and announcements made at this year’s event have shown that the AR/VR industry as a whole is shifting its focus from hardware development to expanding applications. TrendForce forecasts that the annual global shipments of VR devices will reach 5.1 million units in 2017 and grow to 8.5 million in 2018. Note that the projected figures exclude mobile VR products. (more…)

Rising Material Costs Continue to Affect LED Industry and Compel San’an Opto to Initiate the First Wave of Price Hikes for 2017, Says TrendForce

6 Jan 2017-01-04_153521-624x361

The LED chip subsidiary of China’s major LED supplier San’an Optoelectronics has just announced an 8% price hike for some its products that will take effect on January 10, 2017. (more…)

TrendForce Reports Contract Price of DDR3 4GB Modules Reaches Above US$25 and DRAM Price Will Achieve Record Increase for Off-Peak Season in First Quarter of 2017

5 Jan shutterstock_488635492-624x416

The latest analysis by DRAMeXchange, a division of TrendForce, finds that average selling prices of various categories of DRAM products will increase significantly in the first quarter of 2017 as they continue to experience tight supply. (more…)

TrendForce Anticipates Demand for Large-Size LCD Panels Will Be Above Seasonal Norm in First Half of 2017; Market in Second Half Will Be Affected by Variables

3 Jan samsung-panel-624x357

Demand for large-size LCD panels during the first half of 2017 will be above the level expected for the usual off season, according to WitsView, a division of TrendForce. This latest forecast is attributed to the closure of Samsung Display’s L7-1 fab and Sharp’s decision to halt supplying TV panels to Samsung Electronics. (more…)

Share of In-Cell Solutions in Smartphone Display Market to Reach 29.6% in 2017 as TDDI Chips Becomes Increasingly Available, Says TrendForce

29 Dec shutterstock_296672525-624x501

The latest research on touch display solutions by WitsView, a division of TrendForce, finds that the share of In-Cell products in the global smartphone display market will expand to 29.6% by the end of 2017. (more…)

Global Mobile Payment Market Forecast to Reach US$780 Billion in 2017 as Opportunities Arise, Says TrendForce

28 Dec shutterstock_271711736-624x416

Mobile payment services have expanded significantly during 2016 as smartphone makers intensify their efforts to build their own payment ecosystems. At the same time, innovations and diversification in mobile payment methods have generated new demand and opportunities worldwide. According to market research firm TrendForce, the scale of the global mobile payment market will reach US$780 billion by the end of 2017, amounting to an annual increase of 25.8%. (more…)