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Insights on the Phase Change Memory Global Market to 2026 – Increasing Number of Smartphone Shipments

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Dublin, April 16, 2021 (GLOBE NEWSWIRE) — The “Phase Change Memory Market – Forecasts from 2021 to 2026” report has been added to ResearchAndMarkets.com’s offering.

The global phase change memory market is expected to grow at a compound annual growth rate of 66.71% over the forecast period to reach a market size of US$12,450.978 million in 2026 from US$347.914 million in 2019.

The market is expected to surge in the coming years because of the adoption of novel and advanced storage technologies. The next-generation market will register supplementary growth, during the forecast period, as major companies have been trying to capture significant market share, in the crowded embedded storage space market. Phase Change Memory, known as a non-volatile memory, that stores and saves data by changing and altering the state of a material. This type of storage is faster, as compared to other flash memory, and provides better endurance.

Major companies have been trying to develop advanced phase storage memory devices and solutions, for their customers. For Instance, Intel, one of the major players in the market, had been shipping and selling a device known as 3D XPoint, next-generation memory storage, based on phase change. The company sells this device for Solid State Storage Devices and other related products. Other companies, such as Micron, had been developing novel phase storage technology and solutions. In 2019, STMicroelectronics, one of the major players in the market, had been sampling products, which were based on embedded phase-change memory. The company had been developing and manufacturing an automotive microcontroller, which contained embedded phase change, and was based on 28nm FD-SOI technology. The phase change memory market is a novel and emerging market and is expected to register significant growth in the coming years.

Increasing Number of Smartphone Shipments

The growth in the number of smartphone units’ shipments, with the launch of innovative, advanced, and novel solutions, is expected to drive the Phase Change Memory market growth, during the forecast period. According to the data released by the International Data Corporation, worldwide smartphone manufacturers, vendors, and producers shipped a total of around 354.7 million smartphones, in the third quarter of 2020. The sales and revenue declined in the year 2020, because of the COVID-19 Pandemic Impact, but the market is expected to rebound in the year 2021, because of the growth in emerging, novel, and developing markets, such as China, India, Vietnam, Indonesia, and others.

Samsung, one of the major players in the market, had a worldwide market share of 22.7% in the third quarter of the year 2020 and had registered over 80.4 million shipments. The company had a growth of 2.2%, year on year basis. Xiaomi, one of the biggest smartphone manufacturers, had a market share of 13.1% in the third quarter of 2020 and showed a rise and growth of 42%, on a year-on-year basis. The company is expected to use phase change memory storage solutions, in their smartphones in the coming years, as the company moves towards premium products. Countries like China and India are expected to drive market growth in the coming years. India is registering substantial growth, in the past few years.

According to the International Brand Equity Foundation, a think tank of the Ministry of Commerce, the country’s smartphone market grew by 14.5%, YoY, with a shipment of approx. 142.3 million units, in the year 2018. The country is expected to have more than 829 million smartphone users, by the year-end 2022. According to China’s Academy of Telecommunication Research Statistic, around 73% of 529 handset manufactures in the country, had been engaging in the manufacturing of smartphones. The International Data Corporation also stated that the smartphone market is expected to register a growth of 4.3%, year over year growth, in the next few years. Companies like Apple delivered excellent performance in the last quarter of the year 2020, with over 90.1 million devices and products shipped. According to the report, Samsung shipped over 266.7 million units in the year 2020, followed by Apple (206.1), Huawei (189.0), and Xiaomi (147.8), in the same year

Current Trends

With the advancement and innovation in technologies, the market is expected to surge at an exponential rate in the coming years. Major companies have been trying to develop advanced, novel, and innovative products and technologies, for their customers. Companies have been investing a significant sum of capital into Research and Development, and product differentiation. Recently, Intel, one of the major players in the market, sold its Nand Solid-State and Flash Drive manufacturing assets to SK Hynix, a major South Korean Firm, for US$9 billion. The company had been keeping 3D XPoint based Optane Product, which is also based on phase storage memory technology. The product had no transistors and puts selectors and memory cells, at the intersection of perpendicular wires in grids. The major reason for the adoption of Optane products is due to the surge in demand for more threads and cores in a computer.

Other companies have been making major developments in the market. IBM, one of the biggest players in the market, devised a programming approach, with the use of phase-change memory technology, that achieved reduced energy consumption and greater accuracy. Researchers working on the IBM project stated that phase-change memory could alter state when current passes through it. The novel technology would be used with Artificial Intelligence. In October 2020, STMicroelectronics, a worldwide semiconductor leader, announced the details of its innovative and advanced Stellar Automotive Microcontrollers.

The novel product showed how the devices ensured deterministic and reliable execution of various and multiple real-time applications. The company would use non-volatile phase-change memory, to support safety standards by delivering very effective over the air updates and single-bit overwrite capability, with minimum or no downtime. The rise in the automotive sector is also expected to have a major factor in the market. Electric vehicles would have a major impact in the coming years. According to the International Energy Agency, sales of electric cars were around 2.1 million, worldwide, in the year 2019. With the adoption of novel microcontrollers, the phase change memory market will register supplementary growth in the coming years

Key Topics Covered:

1. Introduction
1.1. Market Definition
1.2. Market Segmentation

2. Research Methodology
2.1. Research Data
2.2. Assumptions

3. Executive Summary
3.1. Research Highlights

4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. Global Phase Change Memory Market Analysis, By Technology
5.1. Introduction
5.2. PCM as DRAM
5.3. PCM as Storage RAM (SRAM)
5.4. PCM as Storage-Class Memory
5.5. PCM as Flash Memory

6. Global Phase Change Memory Market Analysis, By Application
6.1. Introduction
6.2. Automotive
6.3. Smart Cards
6.4. Cell Phones
6.5. Others

7. Global Phase Change Memory Market Analysis, by Geography
7.1. Introduction
7.2. North America
7.2.1. North America Phase Change Memory Market Analysis, By Technology
7.2.2. North America Phase Change Memory Market Analysis, By Application
7.2.3. By Country
7.2.3.1. United States
7.2.3.2. Canada
7.2.3.3. Mexico
7.2.3.4. Others
7.3. South America
7.3.1. South America Phase Change Memory Market Analysis, By Technology
7.3.2. South America Phase Change Memory Market Analysis, By Application
7.3.3. By Country
7.3.3.1. Brazil
7.3.3.2. Argentina
7.3.3.3. Others
7.4. Europe
7.4.1. Europe Phase Change Memory Market Analysis, By Technology
7.4.2. Europe Phase Change Memory Market Analysis, By Application
7.4.3. By Country
7.4.3.1. UK
7.4.3.2. Germany
7.4.3.3. France
7.4.3.4. Italy
7.4.3.5. Spain
7.4.3.6. Others
7.5. The Middle East and Africa
7.5.1. Middle East and Africa Phase Change Memory Market Analysis, By Technology
7.5.2. Middle East and Africa Phase Change Memory Market Analysis, By Application
7.5.3. By Country
7.5.3.1. Saudi Arabia
7.5.3.2. Israel
7.5.3.3. Others
7.6. Asia Pacific
7.6.1. Asia Pacific Phase Change Memory Market Analysis, By Technology
7.6.2. Asia Pacific Phase Change Memory Market Analysis, By Application
7.6.3. By Country
7.6.3.1. Japan
7.6.3.2. China
7.6.3.3. India
7.6.3.4. South Korea
7.6.3.5. Others

8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix

9. Company Profiles
9.1. Micron Technology
9.2. IBM
9.3. Intel
9.4. Taiwan Semiconductor Manufacturing
9.5. GlobalFoundries
9.6. STMicroelectronics

For more information about this report visit https://www.researchandmarkets.com/r/m8wm2r


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Artificial Intelligence

Metabolon Now Includes Spectral Data Files for All Global Discovery Panel Projects

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MORRISVILLE, N.C., May 28, 2024 /PRNewswire/ — Metabolon, Inc., the global leader in providing metabolomics solutions advancing a wide variety of life science research, diagnostic, therapeutic development, and precision medicine applications, today announced the availability of spectral data files as an option for Global Discovery Panel projects, providing clients with an enhanced level of detail and transparency in metabolomics analysis. The addition of spectral data further complements Metabolon’s robust suite of metabolomics offerings, including the largest Level 1 library of metabolites, an advanced bioinformatics platform, and expert scientific support.

Spectral data is the initial data generated during a mass spectrometry (MS)- based metabolomic analysis. Spectral data contains a wealth of information about the metabolites present in a sample, including their chemical structure, concentration, and interactions with other molecules. Metabolon facilitates further exploration of the dark metabolome and validation of findings by offering spectral data files as an option with Global Discovery Panel projects. These data should enable the discovery of unique metabolites and biomarkers.
“The availability of spectral data enhancement not only provides clients with a more comprehensive view of their metabolomics data but also reinforces our commitment to transparency and delivering unparalleled value to our clients,” said Ro Hastie, CEO at Metabolon.
This significant update underscores Metabolon’s commitment to providing comprehensive and actionable insights to empower scientific discoveries and drive advancements in healthcare and multiomics research. Visit https://www.metabolon.com/ to learn more about how Metabolon deciphers thousands of discrete chemical signals to discover biomarkers and reveal biological pathways.
About Metabolon Metabolon, Inc. is the global leader in metabolomics, with a mission to deliver biochemical data and insights that expand and accelerate the impact of life sciences research and complement other ‘omics’ technologies. With more than 20 years, 10,000+ projects, 3,000+ publications, and ISO 9001:2015, CLIA, and CAP certifications, Metabolon has developed industry-leading scientific, technology, and bioinformatics techniques.  Metabolon’s Global Discovery Panel is enabled by the world’s largest proprietary metabolomics reference library. Metabolon’s industry-leading data and translational science expertise help customers and partners address some of the most challenging and pressing questions in the life sciences, accelerating research and enhancing development success. The company offers scalable, customizable multiomics solutions, including metabolomics and lipidomics supporting customer needs from discovery through clinical trials and product life-cycle management. For more information, please visit www.metabolon.com and follow us on LinkedIn and Twitter.
About MetabolomicsMetabolomics, the large-scale study of all small molecules in a biological system, is the only ‘omics technology that provides a complete current-state functional readout of a biological system. Metabolomics helps researchers see beyond the genetic variation of individuals, capturing the combined impact of genetic as well as external factors such as the effect of drugs, diet, lifestyle, and the microbiome on human health. By measuring thousands of discrete chemical signals that form biological pathways in the body, metabolomics can reveal important biomarkers enabling a better understanding of a drug’s mechanism of action, pharmacodynamics, and safety profile, as well as individual responses to therapy.
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Caseware Introduces AiDA: The AI-Powered Digital Assistant Changing the Face of Accounting and Audit

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TORONTO, May 28, 2024 /PRNewswire/ — Caseware International, a global leader in cloud-enabled audit, financial reporting and data analytics solutions, is delighted to announce the pre-launch availability of Caseware AiDA, its Artificial Intelligence digital assistant. As the latest enhancement to the industry-leading Caseware Cloud platform, AiDA complements Caseware’s comprehensive suite of solutions created with accounting, audit and finance professionals in mind.

AiDA is designed to enhance efficiency, ensure compliance and provide precise, context-aware responses to profession-specific enquiries enabling accounting, audit and finance experts to work more efficiently, collaborate with greater effectiveness and gain deeper insights.
Whether providing timely responses to methodology or compliance questions, supporting the processing and analysis of audit evidence, or assisting with the production of key audit workpapers and deliverables, AiDA empowers professional users to achieve more with less effort. This will, in turn, drive practice growth and power the financial success of clients.
David Osborne, Chief Executive Officer at Caseware International remarked, “Caseware AiDA is the future. Our vision is to place powerful tools in the hands of our clients, enabling them to do their work better than they have ever done before. This release is just the beginning of a wave of innovation in AI and it demonstrates the focus we have on our accelerated roadmap to build out our offering on the Caseware Cloud platform. Caseware AiDA offers powerful digital assistance to accountants and is further proof of the ways in which Caseware is underpinning the relevance of the profession.”
Some of the benefits to be gained from Caseware AiDA include:
Enhanced workflow efficiency with precision and relevance – whether summarizing lengthy PDFs or providing informed answers about your documentation in the moment, AiDA helps you work smarter, not harder.Reassurance around security and compliance – with AiDA, no prompts are stored or fed back into the model. Users can trust AiDA to maintain the highest data security and compliance standards that Caseware has always delivered for the profession.Assistance with routine tasks – AiDA assists with mundane tasks, enabling professionals to focus on strategic decision-making.Focus on quality output – AiDA delivers a safe and fit-for-purpose resource which ensures efficient workflows for clients.Feedback on AiDA has underscored the demand for tailored, secure AI solutions in professional environments. Danielle Supkis Cheek, VP, Head of Analytics and AI at Caseware International commented, “We recently showcased AiDA to a number of clients beyond our beta phase community at Caseware’s 2024 North American User Group. The response was phenomenal and, in line with our roadmap, we’re excited to continue to enhance AiDA based on user feedback and technological advancements.”
Currently available to Caseware Cloud customers in the United States for early access, AiDA will ultimately be available across the globe and, specifically, in Australia, Canada and Europe later this year. Soon, AiDA will be a core component of all cloud-enabled solutions, across all regions. AiDA’s capabilities are constantly evolving, including better context awareness in document interactions and more extensive support for multilingual queries. AiDA is set to transform how professionals in the accounting and audit fields manage their tasks, offering unparalleled support and efficiency.
Caseware AiDA (pronounced AY-duh) draws inspiration from Ada Lovelace, whose impact on scientific computing continues to influence generations of technologists and mathematicians around the world.
Caseware encourages users to explore AiDA’s features and experience the future of digital assistance. To see AiDA in action, join us at ENGAGE at the ARIA Resort & Casino from June 3-6 or sign up to hear more from Danielle Supkis Cheek at the Streamlining Audits with AI: Efficiency and Quality Gains webinar taking place at 11:00 AM ET on July, 18.
About Caseware InternationalCaseware is the leading global provider of desktop and cloud-enabled solutions for audit, assurance, financial reporting and data analytics for accounting firms, corporations, and government regulators. Caseware’s innovative tools and platforms help more than half a million customers in 130 countries work smarter, dig deeper and see further as they transform insights into impact. For more information, visit www.caseware.com.
 
Notes to editorsIn the event of media enquiries, please contact:Jill QuinnDirector of Corporate CommunicationsCaseware [email protected]
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LONGi announces the “Lighthouse Project” to expand the agile intelligent manufacturing to more of its own production bases across the globe

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JIAXING, China, May 28, 2024 /PRNewswire/ — On May 23rd, LONGi Green Energy Technology Co., Ltd. (hereinafter referred to as “LONGi “), a global leader in solar technology, officially announced the “Lighthouse Project”, which will continue to rapidly expand the agile intelligent manufacturing model of LONGi’s Jiaxing Lighthouse Factory to more production and manufacturing bases, achieving a comprehensive upgrade of production intelligent manufacturing capabilities. This sets a digitalization benchmark for high-quality development in the PV industry and leads the way forward.

The first “Lighthouse Factory” in the global PV industry – LONGi’s Jiaxing Production Base, lifted the mysterious veil for the public. An experience group composed of industry experts, customer representatives, and media journalists became the first visitors to LONGi’s Jiaxing Lighthouse Factory, immersing themselves in the production line and experiencing the charm of “Lighthouse Factory” intelligent manufacturing.
Established in 2020, LONGi’s Jiaxing Production Base mainly produces LONGi’s BC (Back-Contact) series of high-efficiency solar modules. It has Phase I, II, and III factories, covering a total area of more than 1,300 acres, with 51 intelligent production lines and an overall module production capacity exceeding 35GW, making it one of the largest industrial clusters in the industry.
On December 14, 2023, the World Economic Forum (WEF) released a new batch of “Lighthouse Network” lists, and LONGi’s Jiaxing Production Base was the only factory in the global PV industry to be included. This signifies that LONGi’s achievements in intelligent manufacturing and digitalization are leading globally, becoming a representative of advanced manufacturing, and the first global “Lighthouse Factory” in the PV industry has attracted much attention.
During this close-up experience at LONGi’s Jiaxing Lighthouse Factory, all members of the experience group expressed their shock and unprecedentedly felt the disruptive upgrade of AI intelligence to traditional industry. The innovation of LONGi’s Jiaxing Lighthouse Factory is not only in the transformation of production line automation and intelligence but also in the reconstruction of production relations. AI intelligence has become the brain of production management, continuously innovating autonomously based on big data models, achieving a truly meaningful intelligent manufacturing upgrade and self-driving force, and safeguarding quality and efficiency.
LONGi’s Jiaxing Lighthouse Factory has built over 30 digital use cases, achieving a 43% increase in product quality reliability, an 84% reduction in product production and delivery cycle, and a 20% reduction in overall unit energy consumption at the base, becoming a model of high-quality development in the photovoltaic industry.
The most core aspect of LONGi’s Jiaxing Lighthouse Factory is the five major coolest technologies. AI intelligent distribution of solar cells realizes precise delivery of customer needs, ensuring efficient production by intelligently optimizing daily production plans. More flexible automation in production ensures the standardization of each link in the module production process, fully meeting the customized scene requirements of customers. AI quality inspection throughout the entire life cycle of product production leaves no place for quality hazards, ensuring the quality of the product is as solid as a rock. The end-to-end delivery system has reconstructed the intelligent management of order production and delivery cycles, achieving rapid and high-quality satisfaction of customer product needs. Intelligent human resource management has greatly improved production efficiency while enhancing the innovation of employees, transforming each excellent skill and experience into data, continuously optimizing skills and management autonomously, ensuring the optimal arrangement of order demands and human resources, and effectively guaranteeing high-quality product output.
The combination of artificial intelligence, big data, cloud platforms, and industrial muscles is the four elements that make LONGi’s Jiaxing Lighthouse Factory successful, and also the core of LONGi’s intelligent manufacturing. LONGi’s BC (Back-Contact) full-scene products have also reached a new level under the support of LONGi’s intelligent manufacturing. The reason why TaiRay silicon wafers, HPBC2.0, Hi-MO 9, Hi-MO X6 Max, and other major products have concentrated on explosions this year is due to LONGi’s intelligent manufacturing’s absolute satisfaction in understanding customer needs.
LONGi’s Vice President Zhang Haimeng said in his keynote speech: Since the official announcement of BC (Back-Contact) technology last September, LONGi has released multiple new scene-based module products. Whether it is anti-dust accumulation or heat and humidity resistance, the core purpose is to meet the customized needs of customers through differentiated innovation. All of this is inseparable from the confidence in production strength brought by LONGi’s intelligent manufacturing, and it is also the strong support of LONGi’s intelligent manufacturing that has truly implemented “customer-centric.”
During the panel session of the day, Hu Zhifeng, Head of Intelligent Manufacturing Department, Module Manufacturing Center of LONGi, revealed that the newly launched Hi-MO X6 Max modules will be officially put into production at LONGi’s Jiaxing Lighthouse Factory in the near future. With the help of digital and intelligent means, product quality is improved, and energy consumption is reduced. “Use the most advanced production technology to achieve the highest level of technical products and create higher value for customers.”
LONGi has always adhered to the core value of customer value, providing customers with high-value and reliable products as its own responsibility, continuously exploring new paths for the clean energy industry, from efficiency research and development to product and solution scenario, from traditional manufacturing to intelligent manufacturing driven by digitalization, step by step towards a green energy world, leading the global energy transition with LONGi’s intelligent manufacturing.
About LONGi
Founded in 2000, LONGi is committed to being the world’s leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation.
Under its mission of ‘making the best of solar energy to build a green world’, LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com 
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