Three ways semiconductor companies can prepare for profitable growth

This comprehensive research report discusses strategies for semiconductor companies to achieve profitable growth over the next five years. It highlights the industry's projected growth and outlines key challenges, particularly in new product introduction (NPI). Recommendations include supporting digitalization, enhancing process efficiency, and adopting Product Lifecycle Management (PLM) to improve integration and traceability. Emphasizing sustainability is also noted as a competitive advantage in meeting customer demands. Researched and authored by Michelle Boucher, Vice President of Research for Engineering, Tech-Clarity. Michelle has spent over 20 years in various roles in engineering, marketing, management, and as an analyst.

The trillion-dollar opportunity in semiconductors

The semiconductor industry is experiencing unprecedented growth, with the global market projected to reach $1 trillion by 2030. Fueled by AI advancements, electric vehicles, autonomous driving, and increased data storage demands, this presents enormous opportunity—but only for companies with the right foundation. This Tech-Clarity research reveals how top-performing semiconductor companies are achieving 2.2x better time-to-market results and 73% more effective design processes by integrating design and manufacturing data, establishing digital threads, and adopting Product Lifecycle Management (PLM) platforms. Learn the proven strategies that drive higher yields, superior quality, and increased revenue while meeting today's demanding customer expectations for faster NPI and exceptional quality.

Three strategic pillars for profitable growth

Based on insights from over 200 semiconductor industry professionals, this eBook outlines three critical strategies that separate top performers from the competition: supporting digitalization with a digital thread to ensure data consistency and traceability, focusing on process efficiency to accelerate time to market and reduce costly errors, and adopting PLM to integrate fragmented data sources into a single source of truth. Discover how leading semiconductor companies are overcoming the top NPI challenges—from managing dependencies and consolidating requirements to streamlining change management—while positioning themselves to broaden into new industries, extend their portfolios, and capture market share ahead of competitors.