By Global Semiconductor Alliance (www.gsaglobal.org)
After half a century of sustained expansion and innovation, semiconductor sales and profits are noticeably slowing amid shifts in consumer trends, market forces and the pace of innovation. The resulting slew of consolidations has left many wondering if the industry is losing its mojo. Although no stranger to boom and bust cycles, semiconductor companies are eager for a quick return to stability.
As we explore what is next for the semiconductor industry, we see powerful, macro forces at work that are pushing chips into the center of new global markets. The growing importance, specialization and scale of semiconductors are leapfrogging the traditional PC and mobile markets and shaping new verticals from multiple industries, from the automotive and medical sectors to industrial operations and security.
The rapidly evolving Internet of Things (IoT) could very well be the ‘next big thing’ to revive industry growth. Indeed, the IoT is expected to usher in a plethora of new technologies and business models – helping to steer industry growth back into the fast lane. These include open-source processors, reconfigurable silicon and fresh sources of downstream electronic systems revenue...
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