Advanced Energy

The global chip shortages together with the growing trends of electrification and digitalization have heightened awareness of the world’s reliance on semiconductors. Global management consultancy McKinsey & Company predicts a decade of growth leading to a $1 trillion semiconductor industry by 2030.

The year 1981 was notable for a variety of technology breakthroughs. Few could have predicted just how dramatic an impact the global electronics industry would have in the following 40 years, as it now touches almost every aspect of our daily lives.