Given today’s rapid technological innovation, the semiconductor industry can look forward to growth. The semiconductor industry has been a pioneer in digitisation since its inception, offering digital services and pursuing new digital business models. Today, other industries, notably automotive, have clearly outpaced the semiconductor industry in terms of digitisation. That’s ironic, given that automakers’ own success in digitisation has been largely supported by the products made by the semiconductor industry. Now, artificial intelligence will likely be the catalyst that will drive another decade-long growth cycle for the semiconductor sector.
In the months after the coronavirus began to spread, semiconductor companies moved decisively to protect employees, secure supply chains, and address other pressing concerns. Although semiconductor companies that begin revising their long-term strategies now may emerge stronger in the next normal.
In this article, we’ll examine what semiconductor industry is, why it’s important and what skills are required to go in this filed:
MARKET OVERVIEW – UNCERTAIN TIMES AHEAD
This story is from the Feb 2021 edition of The Machinist.
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This story is from the Feb 2021 edition of The Machinist.
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