Automotive Semiconductor Industry Performance Snapshot: Q1 2023

Mixed results continued to impact TechInsights’ Auto Semi Index but the push towards electrification continued to drive growth. The industry average grew by 7.1% to 1.11 in the first quarter of 2023. Despite a challenging quarter, automotive memory demand helped to maintain growth for Micron while the weak Yen continued to impact the results for Renesas and Rohm. Infineon was the lead performer in the Auto Semi Index with consecutive quarter growth of 20.9%.

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