MILAN, Italy – April 1, 2019 – The SEMI Industry Strategy Symposium (ISS Europe), 31 March - 2 April 2019 in Milan, Italy, today opens with a full conference schedule to identify collaboration, innovation and business opportunities in the digital economy to help fulfill the semiconductor industry’s promise of doubling in size by 2030. Top European and global executives, technology elites, researchers and academics will gather at ISS Europe 2019 to explore solutions to strategic, economic and social challenges.
Hosted by SEMI Europe, the three-day flagship forum will examine how Europe can seize the full potential of digital innovation through collaborations in the electronics, components and systems communities.
Today, semiconductors are empowering every aspect of the digital economy and fueling the development of technologies for new markets such as Smart home and connected mobility that are driving explosive chip industry growth. The global semiconductor market is projected to reach a record $490 billion in 2019 and, according to an IBS Report forecast, increase to $825 billion by 2027, a growth trajectory that could lift the industry to $1 trillion by 2030. If the integrated circuit (IC) industry reaches the $1 trillion milestone by 2030, the industry will have grown as much in 10 years – $500 billion – as it did over the 60 years since the IC’s invention.
Leveraging European Ecosystems to Power Digital Innovation and Market Opportunities
ISS Europe 2019 kicks off with the Market Opportunities and Investments, a session highlighting market opportunities while exploring how to generate investment in the digital economy and ways companies must adapt to competitive challenges.
In the Electronics Manufacturing Value Chain and Ecosystems session, industry experts will examine value chains in key areas of artificial intelligence (AI) and the digital economy such as mobility and autonomous driving, MedTech, manufacturing, energy optimization security and the role of public funding. The importance and risks of disruptive innovations will also be critical topics under discussion.
With workforce development vital to industry growth, the crucial role of Diversity and Inclusion in fostering higher levels of workplace productivity and creativity while driving greater innovation and profitability also highlights the first day of ISS Europe 2019.
An expert panel on Strategies for Competing Globally, Electronics Innovation Trends, and Challenges of the Digital Economy will highlight day two. The panel will discuss how to leverage private, venture and public stakeholders to expand the European semiconductor ecosystem.
At ISS Europe, SEMI, the industry association representing the worldwide electronics product design and manufacturing supply chain, will announce the 2018 European Award recognizing the individual or team who has made a significant contribution to the European semiconductor, microsystems, photovoltaic or display industries during the gala dinner.
More information is available on the ISS Europe 2019 website or by following SEMI ISS Europe on Twitter: #ISSEurope and @SEMIEurope
SEMI® connects more than 2,260 member companies and 1.3 million professionals worldwide to advance the technology and business of electronics manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. Electronic System Design Alliance (ESD Alliance), FlexTech, the Fab Owners Alliance (FOA) and the MEMS & Sensors Industry Group (MSIG) are SEMI Strategic Association Partners, defined communities within SEMI focused on specific technologies. Visit www.semi.org to learn more, contact one of our worldwide offices, and connect with SEMI on LinkedIn and Twitter.