Global Demand for Semiconductors is Growing
Semiconductors are in electronic devices we use every day, from cell phones to computers, and the global demand for semiconductors has never been higher. Last year’s semiconductor sales increased by 21.6% compared with 2016. Sales topped $400 billion in 2017, a first for the industry.
Most notably, the memory sector saw the largest increase in sales in 2017. It’s also the fastest growing—sales increased 61.5% for the year.
Globally, semiconductor sales saw an increase:
- Americas – 35%
- China – 22.2%
- Europe – 17.1%
- Asia Pacific/Other – 16.4%
- Japan – 13.3%
For more information, check out Solid State Technology.