Semiconductor Industry

The semiconductor industry refers to the sector involved in the design, manufacturing, and sale of semiconductor devices, which are materials that have electrical conductivity between that of a conductor and an insulator. This industry encompasses a wide range of applications, including integrated circuits (ICs), transistors, diodes, and various other components used in electronic devices. Semiconductors are critical for modern electronics, forming the backbone of technologies such as computers, smartphones, and various consumer electronics, as well as industrial and automotive applications. The industry involves various processes such as fabrication, assembly, testing, and packaging of semiconductor products. Notably, the semiconductor industry is known for its rapid advancement, driven by innovation in materials and manufacturing techniques, leading to smaller, more efficient, and more powerful electronic devices. Additionally, it plays a vital role in the global economy and technological progression, influencing supply chains and international relations.