Semiconductor industry

The semiconductor industry is the collection of business firms engaged in the design and fabrication of semiconductor devices. Once semiconductors became a viable business around 1960, following the first laboratory transistors, rapid technological advances have been the keynote of this economic trend, and the industry has been one of a handful crucial to drawing the broad outlines of late {{20-cen}} economic history.

Related Topics:
Business firm - Fabrication of semiconductor device - 1960 - Rapid technological advances

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However, the U.S. industry faces challenges to development by some forms of government regulation. The U.S. government regulates exports and certain uses of some types of semiconductors due to their potential use in military applications. These restrictions can inhibit worldwide growth of the industry.

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