Internet of Things (IoT) and its Impact on the Changes of the Semiconductor Manufacture Industry

Technological advancements of the PCs, cellphones, tablets, and other end-user electronic products have led to rapid changes to the global semiconductor supply chain. The PC market is currently saturated showing trends that it is decreasing in size, while the cellphone market underwent rapid expansion followed by a phase of stable growth. The connected cars, wearable devices, and Internet of Things (IoT) represent the next phase of development that offers great potential. Gartner is expected there would be a total of 30 billion connected devices in the world while the sum total of overall basic and added values provided by IoT may reach US$ 1.9 trillion by 2020.