Comprehensive Analysis on Global IC Design Industry in 2023

The global IC design industry's output value is projected to decline in 2023 due to weakening demand and inventory adjustments. Among IC design companies, those offering solutions for data centers, servers, networking equipment, industrial control systems, and automotive electronics have shown comparatively better performance. As the entire semiconductor sector is experiencing a downturn, R&D spending will be a critical factor for enhancing a chip supplier's competitiveness. The first half of the year witnessed concerted efforts to reduce inventory, though the situation now varies for individual companies in the latter half.

Furthermore, IC design companies that mainly produce chips for smartphones are facing greater operational challenges. The market for 5G SoCs is undergoing intense price competition. Qualcomm's advantage in terms of cost-to-performance ratio is exerting significant competitive pressure on MediaTek.

Table of Contents

• 1. Overall Performanc
• 2. R&D Expenses among IC Design Houses
• 3. Inventory
• 4. Performance in Other Areas
• 5. Competition of Smartphone SoC Market
• 6. TRI's View