Taiwan 2023 semiconductor output value forecast to grow 6.1% year-on-year

Driven by a plan to roll out chips using 3 nm process technology in the near future, the production value of Taiwan's semiconductor industry is forecast to hit NT$5 trillion (US$161.54 billion) in 2023, representing a 6.1 percent year-on-year increase, the Industrial Technology Research Institute (ITRI) said Tuesday.

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