Chipmakers Look To Mergers To Fight Slow Growth

Law360, New York (November 16, 2016, 10:40 AM EST) -- Semiconductors are found in every type of electronic device, from singing birthday cards and smartphones to military satellites, and with growth slowing as the industry matures, companies in the sector have turned to consolidation as a solution.

These chips are integral to electronics, and their sales since the mid-1980s have increased nearly 13-fold, as society becomes more technologically driven, peaking in 2014 at $335.8 billion, according to data from World Semiconductor Trade Statistics. Historically, the biggest drivers of these sales have been the rise of personal computers and mobile devices. However, those devices have begun to saturate the market, leaving less...

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