Covid-19 factory shutdowns caused major chip shortages, but major players in the semiconductor industry are ramping up production. Learn about the latest semiconductor AI trends and the talent deficit that could follow.
In 2019, Counterpoint Research and the India Electronics & Semiconductor Association (IESA) valued India's semiconductor industry at an impressive US$22.7 billion. The domestic market for semiconductors in 2022 exceeded US$27 billion, with over 90% of the volume being imported from regions like Taiwan, China, South Korea and the United States.
As the semiconductor industry embraces sustainability, global leaders join initiatives to reduce environmental impact. Simultaneously, AI-powered automation propels growth, reshaping sectors from healthcare to automotive. The surge in demand for specialised chips highlights the industry's dual commitment to sustainability and technological innovation.