Semiconductor and Electronics
The semiconductor & electronics industry is one of the few industries that has always been developing and expanding at a rapid pace. With innovation being the backbone of this industry, thecompetitionis also significantly high in the semiconductor &electronics industry. This has compelled the market players to invest heavily in research and development activities.
The semiconductor & electronics market is anticipated to significantly grow in the Middle East, AsiaPacific and Latin America due to the presence of variousdeveloping economies with rapid industrialization and urbanization. The growth of the end-user industries, such asaerospace & defense, healthcare, telecommunications, and consumer electronics,has benefitted the semiconductor & electronics industry to a great extent. However, with these end-users embracing miniaturization, the semiconductor & electronics industry has to adjust and adapt to the new and unique demands,quickly and effectively.