The future of semiconductor industry — A foundry’s perspective

The semiconductor industry is in an extended period of moderate and steady growth. In this stage, many technologies are made to work together to deliver benefits that are greater than the sum of their individual parts. Economy of scale provides for steady cost reduction and constantly widening markets. The adoption of communication, computer and consumer products is spreading across the world in both advanced and developing economies. Opportunities are global and not concentrated on any one specific region. New applications and technologies now globally serve billions of people.