Semiconductor materials, technologies, and devices follow the same principle: faster, smaller, and cheaper. The production process of semiconductors has undergone two key changes in recent years; the development of new technologies that lowers the cost of production per unit, and the outsourcing of the production processes by semiconductor companies to others in the industry.
The influx of increasingly specialized chip designers and testers, the growing need of consumers to upgrade their electronic and computing devices, and the establishment of state-of-the-art design and production facilities across the globe have significantly boosted the market for semiconductor materials, technologies, and devices. This industry has been witnessing steady growth in terms of productivity, performance, and cost-effectiveness. However, steep price declines have adversely impacted the industry's financial returns.
The industry and business insights provided by Persistence Market Research are designed to empower clients to expand their business capabilities and emerge as a powerful adversary in this immensely challenging field.