3D InCites Podcast

A Conversation about Semiconductor Market Growth and What it Means

December 08, 2021 Françoise von Trapp / Ajit Manocha Season 1 Episode 20
3D InCites Podcast
A Conversation about Semiconductor Market Growth and What it Means
Show Notes

At SEMICON West Hybrid 2021, everyone was talking about the impact of the chip shortage, global fab expansion, the talent shortage, and the over-arching topic of the importance of sustainable semiconductor manufacturing. We spoke with Ajit Manocha, CEO of SEMI, to get his perspective on all these issues, and the role SEMI plays in providing a collaborative environment to find solutions. 

On the topic of global fab expansion, he noted that between now and 2024, there are plans to open 25 8-inch fabs and 60 300mm fabs around the world. This added 300mm capacity represents 48% growth – a number he says he’s never seen before. The revenue attached to that is an increase from $550B this year, to $2.2T by 2030.

Manocha also shares some key takeaways from his fireside chat with Deputy Secretary of Commerce, Don Graves, and how the US Government is finally understanding the important role the semiconductor industry plays in our lives, from accelerating the development of the vaccine to ensuring national security. 

And lastly, as an industry with a massive carbon footprint, yet with devices that help other industries reduce theirs, we find ourselves in a bit of a conundrum. How do we continue to support market demand for more and more chips without having a negative impact on climate change?  As an industry organization, SEMI is on the case, and Manocha provided some details on the establishment of the Sustainable Advisory Council. 

You can learn more about SEMI here.

Connect with Ajit Manocha on LinkedIN

SEMI
A global association, SEMI represents the entire electronics manufacturing and design supply chain.