Q1 FY2024 Consolidated Financial Summary
Business Environment (WFE Market Outlook as of August 2023)
CY2023:
Full year forecast unchanged at around $70-75B
- Signs of delayed investment in leading-edge logic/foundry,
but investment by Chinese customers accelerating in mature nodes
CY2024/CY2025:
Market heading for 2-year cumulative scale of $200B
Number of Servers
Network
(M units)
ΑΙ
20
■Database & analytics
18.3
18
Media, graphics & gaming 17.4
Web service
others
16.2
16
15.1
14.0
14
13.5 13.2
13.5
11.9
12
10
-
Servers show strong mid- to long-term growth
8
(CAGR 2023-2027: +8%)
6
-
Drivers of recovery for PCs and smartphones demands:
Easing inflation
4
2
0
Replacement of products purchased during COVID-19
Corporate IT investment
• Demand for PCs expected to increase, driven by the end of OS support
New functions for new applications
Investor Relations / August 10, 2023
2019 2020 2021 2022 2023 2024 2025 2026 2027
Source: Omdia
TEL
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