The Global Semiconductor Industry
The Global Semiconductor Industry
This chapter gives a brief overview of the history of the semiconductor industry; how it has transformed computing, communications, entertainment and industry; and how it has helped in the betterment of US productivity and growth after the war. It introduces the eight crises, or major issues, that have impacted and still affect the industry today. Through their examination, it will be easier to understand how countries and companies can achieve a global competitive advantage or encounter failure in the rapidly changing industry. Using an economic framework for the analysis, the chapter showcases the methodology through which the book shall analyze the semiconductor industry. Finally, Moore’s Law is explained and defined within the context of the research and presentations provided in the book’s framework to further discuss the globalization of the semiconductory industry.
Keywords: semiconductor industry, US productivity, eight crises, global competitive advantage, economic framework, Moore’s Law, globalization
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