Semiconductors are proving to be the engines that drive the electronics world of today, as they are being used in different applications. These include 5G, data centers, Internet of Things (IoT), mobiles, and automotive applications.
A Fortune Business Insights report indicated that while the semiconductor market was worth $425.96 billion last year, it is expected to grow to $803.15 billion in 2028. This indicates a compounded annual growth rate (CAGR) of 8.6% between 2021 and 2028.
Using the…
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