Semiconductor Industry

The semiconductor industry refers to the sector of the economy that designs, manufactures, and sells semiconductor devices, which are materials that have electrical conductivity between that of a conductor and an insulator. Semiconductors are essential components in a wide range of electronic devices, including computers, smartphones, and other digital products. The industry encompasses various activities, including the production of semiconductor materials, the fabrication of chips, the assembly and testing of semiconductor devices, as well as research and development aimed at advancing technology and improving performance.

Key players in the semiconductor industry include foundries, which focus on manufacturing chips for other companies; integrated device manufacturers (IDMs), which handle both design and production; and fabless companies that design semiconductors but outsource manufacturing. The industry plays a critical role in enabling modern electronics, driving innovation in technology sectors such as computing, telecommunications, automotive, and consumer electronics. Due to its global impact, the semiconductor industry is characterized by intense competition, rapid technological advancement, and significant capital investment.