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Semiconductor Use in India Growing to US$ 55 Billion in 2020
Industry to Convene at SEMICON Southeast Asia
PENANG, Malaysia, Apr 08, 2016 - (ACN Newswire) - The Indian Electronic System Design and Manufacturing (ESDM) market is expected to grow from USD31.6 billion in 2015 to USD400 billion by 2020, and consumption of semiconductors is expected to increase to approximately USD55 billion in 2020. Given this backdrop, the electronics supply chain will convene at SEMICON Southeast Asia (SEA) from 26-28 April at the Subterranean Penang International Convention and Exhibition Centre (SPICE) in Penang, Malaysia.
SEMICON SEA 2016 will offer a complete platform for engaging customers, suppliers, engineers and decision-makers from across the industry. With the objective to champion regional collaboration, the event will open new business opportunities for customers and foster stronger cross-regional engagement.
Against this positive backdrop, many original equipment manufacturers (OEMs) and integrated device manufacturers (IDMs) have invested in the Indian semiconductor space. The Government of India expects investment proposals in electronics manufacturing to increase two times in the 2017-18 timeframe, giving a push to the government's 'Make in India' initiative.
According to Mr Ng Kai Fai, President of SEMI Southeast Asia, "The Indian semiconductor industry offers high-growth opportunities as the industries which source semiconductors are themselves witnessing high demand. With the Internet of Things (IoT) picking up momentum, the next generation of interconnected devices will further increase the demand for intelligent computing, creating sustainable demand for semiconductors."
"SEMI has organized a Technology Innovation Forum focusing on the impact and potential of IoT within the semiconductor sphere at the upcoming SEMICON Southeast Asia 2016. Known as the region's premier showcase for the entire electronics supply chain, the event will feature industry leaders who will share their views on how IoT is impacting the semiconductor ecosystem. With a sold-out event, the support from global players provides a compelling reason why Vietnamese semiconductor stakeholders should visit SEMICON SEA 2016," he added.
SEMICON SEA 2016 will focus on the key trends and solutions in semiconductor design and manufacturing, including emphasis on serving the needs of expanding applications markets many of which require development of specialised materials, packaging, and test technologies, as well as new architectures and processes.
To register for SEMICON SEA 2016, visit www.semiconsea.org or contact Ms. Shannen Koh at skoh@semi.org.
Sponsors for SEMICON SEA 2016 included Advantest, Applied Materials, AMEC, ASE, Chip Shine, Edward Technologies, GLOBALFOUNDRIES, EV Group, Indium, KLA-Tencor, Kulicke & Soffa, Lam Research, SCREEN, Siemens, Tokyo Electron and Xcerra Corporation. Partners include Invest Penang, LEDExpo Thailand 2016, VLSI Consultancy, MATRADE, Malaysia Investment & Development Authority (MIDA), Ministry of Tourism and Culture Malaysia, Malaysia Convention & Exhibition Bureau (MyCEB), Penang Tourism, SAMENTA and Singapore Manufacturing Federation.
Contact:Acendus Communications Sdn Bhd
Michael Poh at +60 12 395 5202
Reshvinder Kaur at +60 17 275 7985
Source: SEMI
Sectors: Design Process, Electronics, Cloud & Enterprise, IT Individual, Science & Research, Daily News
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