Wireless growth, IoT, and cars will drive semiconductor demand

The ongoing deployment of 5G networks, IoT, and demand from the automotive sector are the three biggest drivers of semiconductor revenue in the coming fiscal year, according to a new survey and analysis issued by KPMG. The accounting firm noted that semiconductor makers had shifted their organizational structures in response to those trends, with 53% of respondents reporting that they had increased their focus on specific operational requirements for hot applications—and away from general-use chipsets that can be used in multiple products. “Indeed, the top challenge in terms of developing products and taking them to market, as cited by 30% of respondents, is the fact that customers are requiring more complex solutions,” the firm said.