You may already know that semiconductors make possible the global trillion dollar electronics industry. But did you know that worldwide sales have increased at a compound annual rate of almost 7 percent per year since 1998?
To find out more – including why it is critical for policymakers to enact measures that boost growth and promote innovation – download the 2019 SIA Factbook.
The U.S. semiconductor industry is the worldwide leader with nearly half of global market share.
The industry directly employs nearly 250,000 people in the U.S. and supports more than 1 million additional U.S. jobs.
Semiconductors are America's fourth-largest export after airplanes, refined oil, and crude oil.
The U.S. industry invests about one-fifth of revenue in R&D, among the most of any sector.
Winning the Future: A Blueprint for Sustained U.S. Leadership in Semiconductor Technology
SIA has released a set of government policy recommendations for sustaining and strengthening America’s global leadership in semiconductor technology and ensuring the United States wins the race to harness the transformative, semiconductor-enabled technologies of the future, including artificial intelligence, quantum computing, and advanced wireless networks.