Industry 4.0, or the Fourth Industrial Revolution, is a term used to describe the trillions of dollars worth of investments made by manufacturers worldwide in digital technologies such as Artificial Intelligence (AI), 3D printing, Virtual Reality (VR), and robotics. Industry 4.0 transforms manufacturing from a linear process to a more collaborative and networked approach.
With the help of data analytics and sensors, manufacturers can collect real-time data on the production processes and make adjustments on the fly. This allows for greater flexibility and responsiveness to customer demands. As a result, Industry 4.0 is helping manufacturers become more agile, efficient, and profitable.
According to the SIA, Semiconductor Industry Association, the global semiconductor market is expected to reach $451 billion by 2025
This growth is driven by the continued demand for electronic devices and the need for more sophisticated and powerful chips to power these devices. In addition, the semiconductor market is also