Global microelectronics market with overall stable development

"Although the growth path of the global microelectronics market is intact, on a long-term trend-line, it declined by 12.1 percent to USD 412 billion in 2019," said Dr. Sven Baumann, ZVEI expert for microelectronics, sensors and actuators.

Memory chips, which were still the strongest sales drivers in 2017 and 2018, recorded a particularly sharp decline. From 2014 to 2019, the global market grew from USD 336 billion to USD 412 billion, an average annual growth of 4.2 percent. An annual growth of around 5 percent is expected for the next few years. The European market was worth around USD 40 billion in 2019. Between 2014 and 2019, its average annual growth was 1.2 percent. What is striking, according to Baumann, is the consolidation of the European share of total industrial sales that has been observed since 2015. In Europe, the focus remains on the growth areas of automotive and industrial electronics - the continent is the world leader in the use of semiconductors for automotive electronics. Both areas are expected to show high growth in the next five years. Industry 4.0 and the Internet of Things are the main drivers of this development. The first signs of the global Covid 19 crisis are also visible in the microelectronics industry, although the first quarter of 2020 remained stable. Microelectronics continues to be in high demand in the fields of medical technology and home office applications. In order to expect further growth in the coming years, existing research, development and production in Germany and Europe must be maintained and expanded. Further investments in the European production locations are also necessary. Measures that have already been successfully taken, such as the IPCEI microelectronics and the European research community ECSEL, must be focussed further and remain financially sustainable.

The Swedish company has acquired a technology for process diagnostics and control in the semiconductor industry.

Shenzhen Goodix Technology Co. Ltd., an integrated solution provider, has completed its acquisition of Dream Chip Technologies GmbH (DCT), a fabless German semiconductor technology company.

The pace of change in the electronics industry continues unabated for all customer types – OEM, ODM and EMS. This is driven by all component manufacturer types – including semiconductor, passive, connector and electromechanical – dynamically changing pricing, lead time, life cycle management and more.

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As of the 1st of May 2020, Dirk Knorr and Josef Wörner have been appointed as General Managers for the German business of the Würth Elektronik eiSos GmbH & Co. KG, having been a part of the management circle of the company for years.

GlobalFoundries has appointed David Reeder as its new Chief Financial Officer (CFO).

The global semiconductor packaging materials market will track chip industry growth to expand from USD 17.6 billion in revenue logged in 2019 to USD 20.8 billion in 2024, a 3.4% Compound Annual Growth Rate (CAGR), SEMI and TechSearch International forecast.

Analog Devices, Inc. has acquired the High Definition Multimedia Interface (HDMI) business of Santa Clara based INVECAS.

Changes to Intel’s technology organisation are coming. New leaders have been appointed and Murthy Renduchintala will leave the company.

Following many years of cooperation, the Schleuniger Group and Cirris Systems Corp. have signed an agreement for Schleuniger to acquire Cirris, based in Salt Lake City, Utah, on the basis of an asset deal.

Virginia-based Mu-Del Electronics LLC, an Ironwave Technologies Company and a manufacturer of high-performance RF and Microwave based systems, is acquiring Luff Research.