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Inside Semiconductor Industry: The Challenges and Opportunities it Faces

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The development of semiconductors was a breakthrough for mankind treading towards the modern technology and digitalization. The functioning of all the devices that play a vital role in a man’s day is facilitated by semiconductors. Such level of significance provides the Semiconductor Industry with innumerable opportunities and its accompanying challenges. The increasing complexity of technology in the current and upcoming decade has given a rise to new challenges as well as opportunities in the Semiconductor Industry. Therefore opportunities and challenges both walk side by side. The same can be understood from the following. Big Data While every tasks and function that used to be tangible are turning digital these days, such a transition requires a lot of storage capabilities. The growing amount of information and data requires the Big Data industry to increase memory capacity while reducing the space that the storage units require. This calls for innovation in th