climate change

The anticipation of semiconductor industry growth toward the $1 trillion revenue milestone generated excitement at the CEO Summit. SEMI Europe President Laith Altimime welcomed the industry’s recognition of the importance of responsible growth, emphasizing commitment to net zero.

SEMICON Europa 2022 (Munich, 15-17 November) attendees gathered at the Executive Forum for the Opening Ceremony on day one to hear from industry leaders and gain insights into the latest market and technology trends.

The COVID-19 pandemic has heightened the urgency to establish the manufacturing capacity needed to support the global recovery and onward rapid growth of the semiconductor industry, which is projected to exceed $1.2 trillion in revenue by 2030.

With semiconductor sales expected to double to $1.2 trillion USD in the next 10 years, the microelectronics industry must address rising geopolitical trade tensions, countries pursuing chip supremacy ahead of global supply chain collaboration, and talent shortfalls noted Ajit Manocha, CEO of SEMI.

METIS identifies 4 focus areas for workforce development: True capability of AI and Data Science, Ethics, Cross-disciplinary Skills required for AI, and Climate Change, Sustainable Development Goals, and Social Inclusion Training.