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News Release from: Future Horizons
Edited by the Electronicstalk Editorial
Team on 10 June 2004
R and D spending set for record high
R and D spending in the semiconductor industry is set to reach a record high in 2004, according to Future Horizons, Europe's leading electronics analyst.
R and D spending in the semiconductor industry is set to reach a record high in 2004, according to Future Horizons, Europe's leading electronics analyst R and D spending in the industry is set to rise by "double digits" to $20 billion in 2004, from $14.2 billion in 2001, according to Future Horizons Semiconductor Monthly Update Report
This article was originally published on Electronicstalk on 13 Dec 2004 at 8.00am (UK)
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"Consumers are demanding beasts".
"They want more, cheaper, now".
"The good news is that the electronics industry is delivering thanks to the fact that semiconductor manufacturers maintained R and D throughout the downturn", said Malcolm Penn, CEO, Future Horizons.
Despite the downturn in the electronics industry between 2001 and 2003, Future Horizons reports that semiconductor manufacturers have never stopped experimenting with new materials and manufacturing methods.
Future Horizons reports that the current phase of innovations is focussed on four areas: integrating more functions onto fewer and fewer pieces of silicon; improving packaging so chips can be used in a wider variety of products; developing entirely new kinds of semiconductors; and improving chip materials and manufacturing processes.
Improvements in EDA software and the practise of loading chips with predesigned modules has cut design times by up to 50% in the last two years.
Take together these advances have enabled companies to design more versatile consumer electronic products.
Future Horizons forecast in January worldwide semiconductor industry to grow by 32% in 2004 to $220 billion, driven by an almost insatiable consumer appetitive for electronic products.
The Future Horizons Semiconductor Monthly Update Report is published monthly and available from Future Horizons priced at GBP 1000 for a single user license or GBP 2200 for a multi-user intranet version.
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