In the first half of 2024, the overall semiconductor market grew by 20% year-on-year, and is expected to continue to soar at a rate of 23% in the second half of 2024.
The price trend forecast for the Discrete Semiconductor and Passives categories remains unchanged for the third quarter of 2024 as our current updated view shows these trends moving in the same direction.
The overall average lead time is expected to remain unchanged at 14 weeks for the remainder of the year. The lead time for the Discrete Semiconductor and Passives category is above the overall average for all categories and will maintain similar lead time trends as we forecast last quarter.
Price Trends
Discrete semiconductor prices overall will remain flat until the end of the year. We expect discrete semiconductor device prices to fall by 2.1% next quarter and by another 2.6% the following quarter.
Passive device prices will fall by 1% by the first quarter of 2025, a trend that will continue over the next two quarters as demand recovers and inventories decrease. Prices are expected to fall by 4% in the second quarter of 2025 before flattening out in the third quarter of 2025, with the decline narrowing to 0.4%.
