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The report finds that the demand for fabless ICs continued in high gear in the fourth quarter of 2020 owing to the stay-at-home economy that has driven notebook PC shipments amid the COVID-19 outbreak worldwide. Thus, shipment value of the Taiwanese fabless IC industry in the fourth quarter of 2020 registered over 42.7% year-on-year growth, arriving at US$7.7 billion. Since the demand for chips will continue into the first half of 2021, shipment value of the industry is anticipated to have reached US$7.9 billion in the first quarter of 2021, registering over 55% growth compared to the same period last year.