The semiconductor market is racing due to the acceleration of electric vehicles and intelligence... Domestic industries such as Samsung are also increasing their sales.
📊Executive Summary
The article discusses the growth of the automotive semiconductor market driven by the acceleration of electric vehicles (EVs) and increased vehicle intelligence. It highlights that the global automotive semiconductor market is projected to grow from $67.7 billion in 2024 to $96.9 billion by 2029, with an annual growth rate of 7.4%. Companies like Samsung are expanding their supply of automotive memory and system semiconductors, collaborating more closely with automakers and parts suppliers. The demand for high-performance computing (HPC) chips and logic processors is increasing due to the growing number of sensors in vehicles and the expansion of AI-based driving assistance and infotainment functions. The article emphasizes the shift in automotive architecture towards integrated systems-on-chip (SoCs) and the strategic moves by domestic semiconductor firms to capture market opportunities....
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