According to forecasts, the compound annual growth rate of the semiconductor industry from 2021 to 2026 will exceed 6%. With the increase in investment in storage devices and semiconductor components, the technological advancement of the entire semiconductor industry is also constantly evolving. The emergence of the Internet of Things (IoT) and artificial intelligence (AI), as well as the proliferation of complex electronic products, are driving high-end applications in the consumer electronics and automotive industries, increasing the adoption rate of semiconductor manufacturing to meet growing demands.

Semiconductor supply chain include all kinds of semiconductor manufacturing and design industries, such as IC manufacturing, IC packaging and testing, IC design, and discrete component manufacturing.

In 2020, Taiwan manufacturing output will decline by about 5%, but the semiconductor industry will maintain positive growth. Semiconductor refers to a material whose conductivity can be controlled. The upstream of the semiconductor industry chain is IP and IC design, the midstream is IC, wafer, mask or chemical manufacturing, and the downstream is the packaging and testing industry.