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Global Semiconductor Foundry Market 2020-2024| Increasing Demand for IoT to Boost Market Growth | Technavio - Stocks News Feed

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Global Semiconductor Foundry Market 2020-2024| Increasing Demand for IoT to Boost Market Growth | Technavio - Stocks News Feed
LONDON–(BUSINESS WIRE)–The semiconductor foundry market is expected to grow by USD 26.47 billion during 2020-2024, according to the latest market research report by Technavio. Request a free sample report The adoption of Internet of Things (IoT) is increasing at a significant rate across several industries globally. Semiconductors are the base for IoT devices as they require sensors, microcontrollers, and memory. The high surge in demand for these devices can be attributed to their extensive benefits in various segments such as retail, medical industry, automotive, and electronics. For instance, in September 2019, Synopsys Inc. entered into a deal with TSMC to...
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