29 Oct '14, 8am
Global semiconductor revenues to reach over US$400 billion in 2017, says GSA
Global semiconductor revenues to reach over US$400 billion in 2017, says GSA Josephine Lien, Taipei; Steve Shen, DIGITIMES [Wednesday 29 October 2014] The global semiconductor industry was responsible for generating US$290 billion in annual revenues in 2012 with expectations that this number will exceed US$400 billion in 2017, according to the Global Semiconductor Alliance (GSA). The semiconductor industry currently also makes a direct contribution to global GDP of US$202 billion while sustaining 1.3 million high-value jobs, and these numbers are expected to continue their rapid growth into the years ahead, the GSA said in a report entitled "Enabling the Hyper-connected Age: The role of semiconductors" consigned to Oxford Economics. The GSA has chosen Taiwan to be the first leg to release the research report given that the production value of Taiwan's semiconductor industr...