The semiconductor industry is the aggregate of companies engaged in semiconductor devices, such as transistors and integrated circuits. It formed around 1960, once the fabrication of semiconductor devices became a viable business. The industry's annual semiconductor sales revenue has since grown to over $481 billion, as of 2018.[1]
The semiconductor industry is in turn the driving force behind the wider electronics industry,[2] with annual power electronics sales of £135 billion ($216 billion) as of 2011,[3] annual consumer electronics sales expected to reach $2.9 trillion by 2020,[4] tech industry sales expected to reach $5 trillion in 2019,[5] and e-commerce with over $29 trillion in 2017.[6] In 2019, 32.4% of the semiconductor market segment was for networks and communications devices.[7]
In 2021, the sales of semiconductors reached a record $555.9 billion, up 26.2 percent, with sales in China reaching $192.5 billion, according to the Semiconductor Industry Association. A record 1.15 trillion semiconductor units were shipped in the calendar year.[8] The semiconductor industry is projected to reach $726.73 billion by 2027.[9]
deloitte
was invoked but never defined (see the help page).© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search