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To better understand what is driving transformations in the semiconductor industry, Deloitte collaborated with the Global Semiconductor Alliance (GSA) to survey more than 40 top executives to explore their insights and outlook on semiconductor transformations efforts for 2021 and beyond.
- Competition and industry disruption are driving the majority of semiconductor organizations to transform.
- Moore's Law constraints are in part driving semiconductor industry changes as companies invest in retention and improvement of core operational competencies while expanding into new markets.
- Close to half of Deloitte companies are focused on new markets and experimenting with new go-to-market strategies, such as selling integrated solutions and experimenting with new business models.
- Technology trends driving business transformation include integrated AI, edge computing, 5G communications, and IoT products and/or services.
We talk to Deloitte’s semiconductor sector consulting lead Brandon Kulik, and tech sector lead for Deloitte, Paul Silverglate, to get a better handle on what this means for the industry.