5G, IoT Poised to Disrupt Semiconductor Industry: Micron India MD
Jan. 08, 2021 at 12:41 pm
January 11, 2021
The onset of the COVID-19 pandemic cast a shadow of uncertainty across multiple markets, including the semiconductor industry. Fortunately, increase in chip sales and rising consumption of memory chip saw the prospects for the semiconductor sector have improved since midyear in 2020. In June, the World Semiconductor Trade Statistics said for 2021, chip sales will accelerate to 8.4% growth, reaching $469 billion from $433 billion in 2020 with a growth of 5.1%. In a recent interaction with CXOToday,
Anand Ramamoorthy, Managing Director, Micron India, sheds light on how the pandemic has accelerated the journey towards digital transformation for companies across the globe, leading to the revival of the semiconductor industry and how technologies such as the internet of things (IoT) and 5G networks are poised to disrupt this segment. He also explains Micron India’s busines