VLSI, along with embedded software development, and hardware/board design is at the heart of the chip design industry. It is an integral part of the Electronic Systems Design and Manufacturing (ESDM) sector.
Some of the important developments listed here indicate that the sector is transforming lives, businesses, and economies across the world.
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- The worldwide semiconductor revenue grew to $450 Billion in 2020, an increase of 7.3% from 2019 (~ Gartner).
- With the Government of India making electronics production a vital pillar of many initiatives such as ‘Make in India,’ ‘Digital India,’ and ‘Startup India,’ this sector holds critical importance in the government’s goal of generating $1 tn of economic value from the digital economy by 2025.
- There are more than 100 global companies in India that predominantly work in VLSI, such as Intel, Qualcomm, Cypress Semiconductor, AMD, NXP, Broadcom/ Avago, Maxilinear, STMicroelectronics, Texas Instruments, Analog Devices, MediaTech, and Redpine Signals, to name a few.
- With rapid innovation and global production shifting from the USA and Europe to Asia, this sector is creating tremendous opportunities for professionals and entrepreneurs, especially in Asian countries like India, Taiwan, South Korea, Japan, China, etc.
This is the right time for current and aspiring VLSI professionals and entrepreneurs to invest in building expertise and tap into the promising opportunities that this sector offers.