Tag: Semiconductor Industry

The semiconductor industry refers to the sector 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 electronic devices, enabling the functionality of integrated circuits (chips) used in computers, smartphones, appliances, and numerous other applications. This industry encompasses various activities, including the production of silicon wafers, the fabrication of chips, assembly, testing, and packaging. Major companies in the semiconductor industry include manufacturers, foundries, and suppliers of raw materials and equipment. The industry is characterized by rapid technological advancements, innovation cycles, and significant investment in research and development to meet the increasing demand for faster, smaller, and more efficient electronic devices.