Semiconductor market projected to reach 1 trillion

Valued at over USD 400bn the global Semiconductor market is projected to reach 1 trillion in the next decade. However, the semiconductor industry cannot exist alone.

The semiconductor market is valued at over USD400bn and is projected to reach 1 trillion in the next decade.

However, the semiconductor industry cannot exist alone and needs material science, chemistry, machinery, optics, construction and other industries to support it. Multiple materials, equipment, tools, spare parts and services are involved in semiconductor production. For manufacturing substrates for chips there are needed ultra-pure materials, growing furnaces, slicing and polishing equipment and materials, inspection and measurement equipment, packaging materials etc.  

Each stage in semiconductor design and manufacturing is a challenge requiring specialized professional knowledge and in some cases unique technology and competence.

Companies with millions of products supporting hundreds of semiconductor manufacturers with their products or services. How do they find their customers or suppliers? Obviously, they have both an established network as well as a number of tools like exhibition and conference visiting, google search, professional contacts.

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