Brent Crude Price per Barrel Semiconductor market revenue growth worldwide from 1988 to 2024 SEMICONDUCTOR DEMAND SET TO REBOUND The semiconductor market experienced a notable downturn during FY2023, with total sales estimated at USD520 billion, down from USD574.1 billion in 20225. This downturn significantly affected sales demand and revenue for our Technology segment over the past 18 months. However, the outlook for 2024 suggests a robust upswing in the global semiconductor market, with projections indicating a 13.1 percent increase, reaching a valuation of USD588 billion. Notably, the Asia Pacific region, along with the Americas, are forecasted to demonstrate significant double-digit year-over-year growth in this industry segment. Note: this table was sourced from the webpage provided - https://www.statista.com/statistics/266976/forecast-revenue-growth-in-the-semiconductor-industryworldwide/ References: 1 The World Bank, Global Economic Prospects – Jan 2024 2 Bank Negara Malaysia, Economic and Financial Developments in Malaysia in the Fourth Quarter of 2023 - https://www.bnm.gov.my/-/qb23q4_en_pr 3 Trading Economics, Malaysia’s GDP Annual Growth Rate - https://tradingeconomics.com/malaysia/gdp-growth-annual 4 U.S. Energy Information Administration (EIA), EIA expects relatively flat crude oil prices in 2024 and 2025 - https://www.eia.gov/todayinenergy/detail.php?id=61222 5 World Semiconductor Sales Statistics (“WSTS”), WSTS Semiconductor Market Forecast Fall 2023 - https://www.wsts.org/76/Recent-News-Release USD111.93 USD89.76 USD91.42 USD82.50 USD78.43 USD75.47 USD80.11 USD93.72 USD82.94 USD80.12 Jul 22 Sep 22 Nov 22 Jan 23 Mar 23 May 23 Jul 23 Sep 23 Nov 23 Jan 24 Source: County Economic (Crude Oil Brent US Dollars per Barrel | countryeconomy.com) and OilPrice (https://oilprice.com/) Management Discussion and Analysis – Strategic Review DAGANG NeXCHANGE BERHAD 58 OPERATING ENVIRONMENT 0% 10% 20% 30% 40% -30% -20% -10% -40% 36.4 8.9 4.1 7.8 9.1 28.3 32.5 41.2 -8.3 3.8 -8 18.3 36.9 -31.9 1.4 17.7 28.3 6.6 8.9 3.2 -2.8 -9 31.8 0.4 -2.7 4.8 9.9 -0.2 1.1 21.6 13.7 -12 6.8 13.1 26.2 3.3 -9.4 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024
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