The semiconductor realm has undoubtedly made great strides in injecting high computational capacity into microchips and is largely responsible for the manufacture of gadgets with incredible processing power. Come 2025, and the world will witness the installation of more than 70 Billion IoT devices, a milestone that will testify the contribution of this industry in ensuring better connectivity. However, the great strides aside, the semiconductor realm is marred by several challenges that demand an immediate resolve. The rise in the number of competitors over the years, which has also mounted the pressure among semiconductor firms to engineer products that redefine innovation, is one of the greatest tasks among all. In addition, effective cost management even while striving for unique design is quintessential in the current climate for organizations to steer ahead.
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