Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

More than 39 Percent of Semiconductor Sales will be Transacted via E-Commerce by 2003
Feb 2001
SCOTTSDALE, Ariz., Feb. 22 -- The value of e-commerce transactions in the semiconductor industry will jump from $12.7 billion in 2000 to $104.6 billion in 2003, according to Cahners In-Stat Group ( E-commerce transactions will grow from 6.2 percent of total semiconductor sales in 2000 to just over 39 percent in 2003, the high-tech market research firm reports.
   Although most industries will benefit from e-commerce, the gains will be particularly impressive in electronics markets that have historically faced rapid time-to-market demands. With e-commerce, engineers can reduce the time spent researching parts for new designs, buy parts online, and eventually collaborate on product designs via the Internet. Initial implementations of e-commerce merely put buyers and sellers in contact with each other via the Internet.
   "Ultimately, e-commerce will enable multi-company integration of the entire supply chain from product design to end product servicing," said Steve Cullen, director of In-Stat's semiconductor service.

News & Features

Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,
x We deliver – right to your inbox. Subscribe FREE to our newsletters.