2014-03-06 01:43:04 - Semiconductors - Semiconductor Equipment - Industry Analysis - a new market research report on companiesandmarkets.com
The Semiconductor Industry is one of the more cyclical sectors. Indeed, during times of economic prosperity, the chip sector thrives, thanks to increased spending on the corporate and consumer sides. However, during economic downturns revenues come under pressure, as corporate information technology budgets are pared and consumers hold off on purchasing the latest gadgets. We can best describe the industry as a growth venue. True, the sector is not as high-flying as it once was, but it does still exhibit better-than-average expansion characteristics. Competition is intense, with product innovation, fueled by aggressive research & development (R&D), paving the way for increased profitability. Below, we discuss other ways companies try to gain a competitive advantage.
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