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The semiconductor and electronics industry reported constant growth from the time it came into being, approximately 40 years ago, until the economic crisis in 2009. The industry was able to cope from short term economic challenges, such as the bursting of the internet bubble in 2001, but the current crisis brought major problems- slacking production, sales, distribution and consumption.

Characterized by high competition, declining profit margins and intensive R&D efforts to offer smaller and faster products; the semiconductor and electronics industry globally is being driven by the rising demand for IT hardware, office automation products and consumer electronics products such as mobile phones and automotive products

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