5G Smartphones to Reach a ‘Mid-Teens’ Share of 2020 Handset Market, Says TSMC

Global 5G development began accelerating in mid-2019, said Taiwan Semiconductor Manufacturing Co. CEO C.C. Wei on a Q3 call Thursday. TSMC expects “faster ramp” here than 4G, he said, with 5G penetration reaching a “mid-teens” share percentage of smartphones in 2020. “We expect the silicon content of 5G smartphones will be substantially higher than that of 4G,” due to increased “functionalities” and additional chips, he said.