Smart Devices Aiding Computing Demand: Smart devices need computing and learning capabilities to perform functions like face detection, image recognition and video analytics capabilities. Given the upbeat scenario, the industry is anticipated to remain on a growth trajectory, backed by efforts to strengthen 5G infrastructure. Increased connectivity and use of technology in consumer electronics through IoT, AI, robotics, AR/VR and others further set the momentum for 5G. The growing number of high-speed data centers worldwide, which require ultra-fast internet that 5G promises to deliver, is another tailwind. An uptick in demand for 5G test solutions required for 5G deployment is another major positive. What's Shaping the Future of the Electronics - Semiconductors Industry?ĥG Prospects Are Key Catalysts: The growing deployment of 5G will expose industry players to near-term prospects. The underlined industry is experiencing solid demand for advanced electronic equipment, which is helping these firms increase their investments in cost-effective process technologies. These companies are raising their spending on research and development to stay afloat in an era of technological advancements and changing industry standards. The participants primarily cater to end-markets constituting consumer electronics, communications, computing, industrial and automotive. Their offerings include packaging and test services, wafer cleaning, factory automation, face detection and image-recognition capabilities to develop smart and connected products.

The Zacks Electronics – Semiconductors industry comprises firms that provide a wide range of semiconductor technologies.

However, widening supply-chain challenges, end-market volatility, inflationary pressures and growing geo-political tensions are persistent concerns for the underlined industry.

Lattice semiconductor hillsboro