70 PCB007 MAGAZINE I MAY 2019
Taiwan's Solar PV Market Aims 1.5 GW in
New Installations by 2019 E
The year 2018 will prove to be the most disas-
trous year for Taiwan's solar PV manufacturers,
yet the best year in terms of solar PV system
installations downstream, bringing new instal-
lations up to 1 GW for the first time in history.
The government is now actively pushing to-
wards a goal of 1.5 GW in new installations by
the end of 2019.
As the Economy Slows and Wages Surge,
Corporate Profits Likely to Decline E
In 2019, surging labor costs and slower revenue
growth will likely lead to a decline in corpo-
rate profits in both the U.S. and other advanced
economies, according to a new study on labor
market trends.
Smart Speaker Shipments Reached
a Record-breaking 7.5 Million Units
in Europe in 4Q18 E
In the fourth quarter of 2018, the smart home
market in Europe (Western Europe and Central
and Eastern Europe) reached almost 33 million
units, representing 15.1% growth annually, ac-
cording to research by International Data Cor-
poration (IDC).
Double-digit Growth Expected in
the Smart Home Market E
The global market for smart home devices is
expected to grow 26.9% year over year in 2019
to 832.7 million shipments, according to the In-
ternational Data Corporation (IDC).
Edge AI Hardware Market Shipment to
Reach 1559.3 Million Units by 2024 E
The edge AI hardware market is expected to
register a shipment of 610 million units in 2019
and is likely to reach 1559.3 million units by
2024 at a CAGR of 20.64% during the forecast
period.
Consumer Augmented Reality
Market Continues to Grow E
By 2023, the revenues from consumer software
and content will reach more than $8.5 billion
while consumer AR smart glasses will reach
four million-unit shipments by 2023.
Semiconductor Industry Calls for
Bold Federal Policies E
As foreign governments take big steps to ad-
vance their domestic semiconductor capabil-
ities, new blueprint lays out research, work-
force, and trade initiatives needed to help keep
America on top in chip technology.
Global Business Value of AI in Banking to
Reach $300B by 2030 E
In 2018, AI in banking business was estimat-
ed to be $41.1 billion, which includes the cost
savings and efficiencies of introducing AI tech-
nology compared to keeping existing infra-
structures and processes.
March U.S. Manufacturing PMI Dips to Low-
est Since June 2017 E
The latest PMI signaled a moderate improve-
ment in operating conditions across the U.S.
manufacturing sector in March, dropping to
its lowest level since mid-2017 amid softer in-
creases in output and new orders.
Semiconductor Manufacturing Equipment
Market to Top $101B by 2027 E
The global semiconductor manufacturing
equipment market accounted for $62.1 billion
in 2018 and is expected to grow at a CAGR of
5.2% over the forecast period 2019–2027 to ac-
count for $101.58 billion in 2027.
