President Obama’s Council of Advisors on Science and Technology (PCAST) have gathered a team of chip experts to evaluate the U.S.’s position in the semiconductor industry. This new group will study and recommend specific routes for the US to become contenders within the forecasted semiconductor boom. Check out more detail here: http://venturebeat.com/2016/10/31/president-obama-announces-semiconductor-industry-working-group-to-review-u-s-electronics-competitiveness/
The semiconductor industry is set on the right path to profitability as the movement of IoT continues to develop. Sensors have become significant in the IoT technology and electronics manufacturers are preparing for this and the connectivity in the IoT business. See more: http://globalpurchasing.com/consumer-electronics/gearing-iot-semiconductors-and-sensors
The market for automotive electronic systems is expected to display the strongest cumulative average growth rate (CAGR) through 2020. For semiconductor suppliers, this is good news as analog ICs, MCUs, and a great number of sensors will be required for these and other automotive systems throughout the forecast. Industrial/Medical/Other electronic systems are forecast to enjoy the second-fastest growth rate (4.3%) through 2020 as wearable health devices, home health diagnostics, robotics, and systems promoting the Internet of Things help drive growth in this segment. See where the government/military IC market is forecasted to be, here: http://electroiq.com/blog/2016/11/automotive-systems-forecast-to-show-strongest-growth-through-2020/
