Semiconductors are the unsung heroes of technology, providing high-speed processing power for computers, flat-screen displays, smartphones, and other electronic devices.
But while semiconductor revenues are hitting record levels, recent geographic and product shifts are upending long-standing business plans. Moreover, R&D budgets are rising by about 6 percent annually because of new technological and business challenges, such as increased complexity in coding, testing, and verification.
Three developments in the semiconductor industry—the evolving demand for automotive chips, the availability of new productivity tools, and the growth of China But while semiconductor revenues are hitting record levels, recent geographic and product shifts are upending long-standing business plans. Moreover, R&D budgets are rising by about 6 percent annually because of new technological and business challenges, such as increased complexity in coding, testing, and verification.
Three developments in the semiconductor industry—the evolving demand for automotive chips, the availability of new productivity tools, and the growth of China
https://www.mckinsey.com/industries/semiconductors/our-insights/how-the-semiconductor-industry-is-taking-charge-of-its-transformation
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