One article to understand the semiconductor industry
Publish Time: 2024-12-25
Semiconductors are materials with electrical conductivity between conductors and insulators at room temperature. Devices made of semiconductors are collectively referred to as semiconductor products, which are widely used in industries such as electronic communications, computers, network technology, the Internet of Things, and automobiles, and are the core components of most electronic devices. Semiconductor products are the core of the information technology industry, a strategic, basic, and leading industry that supports economic and social development, and the core of electronic products and the cornerstone of the information industry. The semiconductor industry has the characteristics of wide downstream applications, complex production technology processes, a wide variety of products, and rapid technological updates.
The semiconductor industry presents a vertical division of labor. The upstream includes semiconductor materials, semiconductor manufacturing equipment, etc.; the midstream is semiconductor production, which can be specifically divided into chip design, wafer manufacturing, packaging and testing; the downstream of the semiconductor industry is various terminal applications.
Integrated circuits are the most important component of semiconductors, accounting for more than 80%. The semiconductor industry can be divided into four categories according to product categories: integrated circuits, optoelectronic devices, discrete devices and sensors. In 2018, the global sales of integrated circuits, optoelectronic devices, discrete devices and sensors were US$393.288 billion, US$38.032 billion, US$24.102 billion and US$13.356 billion, respectively, up 14.60%, 9.25%, 11.32% and 6.24% from 2017, accounting for 83.90%, 8.11%, 5.14% and 2.85% of the global semiconductor industry, respectively. Among the product distributions of the above-mentioned semiconductor industries, integrated circuits account for the highest proportion and the fastest growth rate, and are the most important component of the semiconductor industry.
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