Taiwan Semiconductor Industry Set For Nearly 50% Annual Growth

Taiwan's semiconductor industry is on track for another strong year, with government-backed research institute ITRI forecasting total output of nearly US$297 billion in 2026. The projection represents close to 50% growth compared with the previous year, driven largely by rising memory prices and continued momentum in the foundry sector. According to a new industry report, third-quarter output climbed 59% year-on-year. Growth is expected to continue in the fourth quarter across all major segments of the semiconductor supply chain, including manufacturing, chip design, packaging, and testing, highlighting the industry's sustained expansion.