The
global semiconductor industry has reported constant growth in terms of
technology, opportunities and revenue in different parts of the world. Although
dominated by the developed parts of the world like European Union, USA, South
Korea, Singapore, Japan, etc. the market is also spreading its wings in
developing regions of the world as well. Due to the strong technological
support and experience in global marketplace, the industry was able to cope
with various short-term challenges including problems with failing economy,
distribution, sales, production and consumption of various products. This is a
highly competitive industry with emerging investors and high-tech products.
The
industry has succeeded to make harmonious pace with the rapidly developing
modern life. Technological innovations and combinations of nano-science, sensor
technology, medical science, and biotechnology and electro-mechanical devices are
widening the expanse of semiconductor market. Surging segments and sub-segments
in the market including the products like office automation, consumer
electronics and automotive products and rising global demands for advancements
in the information technology are some of the major drivers for this market.
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