editor’s word
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EuroAsia Semiconductor is published four times a year on a controlled circulation basis. Non-qualifying individuals can subscribe at: £105.00/€158 pa (UK & Europe), £138.00 pa (air mail), $198 pa (USA). Cover price £4.50. All information herein is believed to be correct at time of going to press. The publisher does not accept responsibility for any errors and omissions. The views expressed in this publication are not necessarily those of the publisher. Every effort has been made to obtain copyright permission for the material contained in this publication. Angel Business Communications Ltd will be happy to acknowledge any copyright oversights in a subsequent issue of the publication. Angel Business Communications Ltd © Copyright 2011. All rights reserved. Contents may not be reproduced in whole or part without the written consent of the publishers. The paper used within this magazine is produced by chain of custody certified manufacturers, guaranteeing sustainable sourcing.
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Technological foundation
The recent news for the semiconductor industry has not been very positive of late. That is if shares and stocks are your major concern. Analysts are again in a spin as signs indicate another oscillation of industry fortunes appears on the horizon. There is nothing new in the see saw ride of output that the industry has had to deal with from the very first chip was made. The real pressures turn up for the industry when these oscillations are amplified by external events such as international debt concerns or the ever increasing competition for resources that is developing around the globe.
While these are the sort of issues that are likely to impact on your bank balance they tell very little of the continual innovative progress that the industry continues to make. The fact is the semiconductor industry forms the backbone and foundation of all technology and the advances made in this industry provide the building blocks for all technologies and will continue to do some for some time to come.
While technology minded financial experts lead investors toward the new and exciting emerging markets like solar and other renewable energies, MEMS, nanotechnology and biotechnology there is a lack of understanding of how all these ventures rely on the ubiquitous nature of semiconductors. In fact most of the emerging technologies not only rely on semiconductor principles but are manufactured on processes that were developed in the semiconductor industry. New opportunities will only continue to rise as long as the continued progression of the microelectronics industry is supported and recognised for the invasive growth and impact that it brings.
With this in mind it is pleasing to see the European Union release its report on Key Enabling Technologies and the goal to incorporate their importance through out the value chain from education, concepts through to commercialisation of the product. Europe has had a bad reputation for inventing great things but losing the manufacturing benefits and it is a positive sign that there is a growing understanding that this industry brings a great deal more than computer chips. The EU is a notoriously slow beast and the parties involved should be commended in achieving such a strong statement.
Now is the time of implementation and any success is surely to attract interest from other regions further emphasising the need for areas to develop their abilities to not only research but manufacture the potential that comes from a concerted approach.
David Ridsdale Editor-in-Chief
3
www.euroasiasemiconductor.com Issue III 2011
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