02 Mar 2023 -
 General

Semiconductor growth critical to achieving 100x global data processing

Japan’s leading chip manufacturing equipment manufacturer, Tokyo Electronics, predicts a big bounceback in the semiconductor industry within the next 10 months as it meets increasingly tough global tech requirements.

Toshiki Kawai, CEO of Tokyo Electronic, told Bloomberg that long-term trends such as autonomous driving and the development of the Metaverse will increase the demand for data storage and processing capabilities.

“By 2030, the amount of data that must be processed worldwide will increase tenfold, and then 100 times by 2040,” Kawai said.

The report pointed out that Tokyo Electronics may face the adverse impact of the situation in China and the United States. The details of export control measures that Japan may take are unknown, but the business of Tokyo Electronics is likely to be directly affected. At present, more than 20%of the company’s sales come from China.

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

For more help with looking at supply chain options, contact Astute Electronics

Related News

24 Apr 2024 - General

Samsung scores major US Chips Act funding

Read more

23 Apr 2024 - General

#FridgeMan crosses the line for Diabetes UK with new bride-to-be

Read more

22 Apr 2024 - General

Taiwan earthquake disrupts DRAM market minimally

Read more

17 Apr 2024 - General

India’s semiconductor sector riding wave of global demand

Read more

15 Apr 2024 - General

Taiwan chipmakers eye Japan as security, costs rise

Read more

15 Apr 2024 - General

Memory price hikes loom after Taiwan quake

Read more