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Essential Guide to Semiconductors, The by Jim Turley

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Chapter 5. Business and Markets

In this chapter...

  • Worldwide Production of Semiconductors

  • Worldwide Consumption of Semiconductors

  • Military Electronics

  • The Business of Making Semiconductors

Processed silicon is more valuable than gold, ounce for ounce.

The gross national product of the United States was $9.2 trillion in 2000; semiconductors accounted for $204 billion, or about 2.2 percent of that total. Semiconductor manufacturing is a bigger part of the U.S. economy than mining, communications, utilities, or agriculture, forestry, and fishing. The U.S. Bureau of Labor Statistics says 284,000 Americans are directly employed in the semiconductor industry; 52,000 of those are semiconductor processors, or people in the so-called “bunny suits.”

The ...

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