Semiconductor Industry

The semiconductor industry refers to the sector of the economy that designs, manufactures, and sells semiconductors, which are materials that have electrical conductivity between conductors and insulators. Semiconductors are essential components in electronic devices, enabling the functioning of integrated circuits, transistors, diodes, and other electronic components. This industry encompasses various activities including research and development, production, and distribution of semiconductor materials and devices. It plays a critical role in the technology sector, powering a wide range of applications from consumer electronics to telecommunications and computing systems. The industry is characterized by rapid innovation, high capital investment, and significant global competition. Key players include companies involved in semiconductor fabrication, design, and equipment manufacturing, as well as foundries that produce semiconductor products for other companies.