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TAP TIMES          -22-                                  DECEMBER 2022

               Sensor sales stay strong                         automotive systems, industrial equipment,
             due to higher selling prices                       and other embedded-control applications
                                                                have signifi cantly increased the average
        SCOTTSDALE, Arizona  — Fueled by                        selling price (ASP) of these semiconduc-
        the spread of “smart” embedded con-                     tors.
        trols and higher selling prices due to
        tight supplies in the market, semicon-                  Largest one-year price increase
        ductor sensor sales are forecast to                     IC Insights expects the 2022 ASP for total
        continue registering double-digit per-                  sensors will be 11% higher than in 2021,
        centage growth in 2022 compared to                      representing the largest one-year price
        last year, says IC Insights.                            percentage increase in more than two de-
                                                                cades.
        Demand slowed
        However, weakening economic conditions                  Sales in two major sensor categories are
        and high infl ation rates around the world              expected to fi nish this year with double-
        have slowed sensor unit demand in con-                  digit percentage increases: +15% for
        sumer electronics, personal computers,                  acceleration/yaw sensors; and +20% for
        and mainstream smartphone segments                      magnetic-fi eld sensors (including electron-
        since the start of summer.                              ic compass chips often found in navigation
                                                                applications).
        Sensor unit shipments are forecast to
        grow just 1% in 2022, but will nudge up                 Lower smartphone shipments
        to a record-high 30.8 billion devices com-              Meanwhile, sales of pressure sensing de-
        pared to 30.4 billion in 2021.                          vices (including microphone chips) are
                                                                forecast to only grow 5% in 2022 due to
        Total sensor sales in the fourth quarter                constraints in automotive production and
        were on an annual pace to grow 13% in                   a drop-off  in smartphone shipments this
        2022 to an all-time high of $14.4 billion               year.
        from $12.7 billion last year, according to
        IC Insights’ 4Q22 Update forecast (See                  Pressure sensor sales are projected to
        fi gure).                                               increase to $4.8 billion this year with ship-
                                                                ments rising just 0.4% to 8.5 billion units.
        Tight supplies and shortages of sensors for             Revenues in the acceleration/yaw cate-
                                                                                            gory, which contain
                                                                                            accelerometers and
                                                                                            gyroscope designs
                                                                                            for inertial sens-
                                                                                            ing, are expected to
                                                                                            reach $5.5 billion in
                                                                                            2022 with unit ship-
                                                                                            ments rising a little
                                                                                            less than 0.5% to
                                                                                            7.1 billion this year.


                                                                                            Nearly three quar-
                                                                                            ters of annual semi-
                                                                                            conductor sensor
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