Analysis
Managers burdened 2.5x more by digital transformation than C-level
Four out of five C-level executives globally (82%) are confident their business is well-prepared digitally, but only 58% of managers agree, according to new global research from Digital Intelligence company, ABBYY.
Worldwide semiconductor market continues to grow
The worldwide semiconductor market is forecast to be $527bn in 2021, an increase of 19.7% from 2020, according to the European Semiconductor Industry Association (ESIA) based on the latest WSTS forecast data.
Discover the technology conquering hunger
Every year technology gets more impressive, and is able to do increasingly incredible things. AI has defeated the Go world champion, cars get closer to self-driving every year, and our phones now talk to our houses. Yet despite this, some of the most basic and fundamental crises facing our world haven’t been solved, chief among them: hunger.
Memory upswing returns, new record high expected
IC Insights recently updated its forecast for 33 major IC memory product categories, including DRAM and NAND flash, in its April Update to the 2021 edition of The McClean Report—A Complete Analysis and Forecast of the Integrated Circuit Industry (MR21).
5G to spur GaN & SiC power semiconductor market
Rampant development and roll out of 5G technology around the globe will offer new growth prospects to GaN and SiC power semiconductor manufacturers. These semiconductors are known for providing small form factor and high-power density, hastening their adoption whilst telecom operators augment infrastructure development.
COVID-19 impacts home automation market positively
The home automation market has developed at a rapid rate in recent years, a trend which has been partially accelerated by COVID-19 and the fact that people have been forced to spend more time in their homes due to lockdown measures. This in turn has encouraged more suppliers to enter the sector.
European semiconductor distribution starts flat
The European semiconductor distribution market started with a “flat tyre” into 2021, despite a significant increase in bookings since last quarter. According to DMASS, sales in the European Semiconductor Distribution Market fell by 1.6% to €2.17bn. Sequential growth of 15.6% (against Q4/2020) indicates strong turnaround.
5G already changing smartphone user behaviour
A new report by Ericsson ConsumerLab has highligted the impact that 5G is already having on smartphone users worldwide and what they expect the technology to deliver in the future. Indoor coverage is one of the focus areas to emerge from the consumer research, with one-in-five 5G users already reducing WiFi use on their phones indoors because of the benefits of 5G mobile connectivity.
South East manufacturers aim for growth via Innovation
Manufacturers in the South East are focused on future growth, despite the challenges of the pandemic and Brexit. Although around a quarter do not expect a return to pre-pandemic trading levels this year, some sectors, such as electronics, were seeing encouraging growth.
ESIA committed to using responsibly sourced minerals
At the occasion of the 14th Forum on Responsible Mineral Supply Chains of the Organisation for Economic Co-operation and Development (OECD), the European Semiconductor Industry Association (ESIA) is highlighting the industry’s commitments to source its raw materials in an ethical and sustainable manner that safeguards human rights within the global supply chain.