Semiconductor industry

The semiconductor industry is the aggregate collection of companies engaged in the design and fabrication of semiconductor devices. It formed around 1960, once the fabrication of semiconductors became a viable business. It has since grown to be a $335.2 billion industry in 2015.

The global semiconductor industry is dominated by USA, Japan, South Korea, Taiwan, Singapore, and European Union. The U.S. industry faces challenges to development by some forms of government regulation. The U.S. government regulates exports and certain uses of some types of semiconductors due to their potential dual use in military applications.

Based on a KPMG report it was a $304 billion market.

This industry features a number of distinct characteristics that position it uniquely in the economy and in the global competitive arena. These include:

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