Search
Menu
Gentec Electro-Optics Inc   - Measure With Gentec Accuracy LB

More than 39 Percent of Semiconductor Sales will be Transacted via E-Commerce by 2003

Facebook X LinkedIn Email
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 (http://www.instat.com). 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.
Ohara Corp. - Optical Glass, Polish substrates 10-23

Published: February 2001
News & Features

We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.