In the early stages of smart speaker development, China is still catching up. According to a recent survey by Edison Research, 40% of U.S. users have considered purchasing a second smart speaker. In the U.S., the ownership rate among adults has climbed to 16%, marking a 128% increase since January of last year. Smart speakers, pioneered by Amazon, have rapidly become a household staple in America. A survey found that 65% of users would not want to go back to life without them. The devices are used for listening to the radio, watching TV, and even controlling home appliances like lights and thermostats. In fact, 38% of users plan to buy a second speaker for additional rooms or more control options. This trend has led to a significant shift in consumer behavior, with two-thirds of users reducing their phone usage after acquiring a smart speaker.
The global smart speaker market is growing fast. In 2017, shipments exceeded 30 million units, and experts predict 56.3 million units will be shipped globally in 2018, marking a pivotal year for widespread adoption. In China, tech giants like Alibaba, Baidu, Tencent, Xiaomi, and Lenovo have entered the market, launching products such as Tmall Genie, Dingdong Speaker, and Xiaomi AI Speaker. Despite being in the early stage, the Chinese market is showing strong potential, with many companies investing heavily in smart speaker technology.
Meanwhile, the NAND flash memory chip market is experiencing a price drop, causing concern among investors. After a year-long surge, prices have fallen, with some chips dropping nearly 5% in the fourth quarter of 2017. Analysts expect the growth rate to fall below 30% this year. However, despite the decline, the industry remains profitable, with Samsung leading the market. While some fear a crash, most believe 2018 will be a stable year. With increased production and rising demand from smartphones and cloud services, the memory chip industry is expected to remain strong, even if prices continue to drop.
On the other hand, TSMC is focusing on its 7-nanometer technology this year, expecting total revenue to exceed trillions. As one of the world’s leading semiconductor manufacturers, TSMC is playing a key role in driving innovation in the tech industry. With continued investment in advanced manufacturing, the company is well-positioned to meet growing demand and maintain its leadership in the global chip market.
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