2015
SEMICONDUCTOR INDUSTRY ASSOCIATION
FACTBOOK
INTRODUCTION
The data included in the 2015 SIA Factbook helps
demonstrate the strength and promise of the U.S.
semiconductor industry and why it is critical for
policymakers to enact measures that boost growth and
promote innovation.
The U.S. semiconductor industry is a key driver of
America’s economic strength, global competitiveness,
and technology leadership.
Semiconductors enable the systems and products that
we use to work, communicate, travel, entertain,
harness energy, treat illness, and make new scientific
discoveries. Semiconductors make possible the global
trillion dollar electronics industry. Semiconductors were
invented in America, and the U.S. still leads the world
in cutting-edge manufacturing and design.
In the semiconductor industry and across the broader
tech sector, innovation is made possible through the
hard work and ingenuity of the industry’s scientists and
engineers and is supplemented by smart public policy
from the federal government. At SIA, a common theme
of the policies we support is that all of them are
intended to maintain and accelerate technological
advancements. The federal government plays a vital
role in furthering these initiatives.
(C) 2015 Semiconductor Industry Association All Rights Reserved.
To help promote innovation and ensure America’s
continued technology leadership, policymakers should
do the following:
1. Facilitate open markets and protect intellectual
property to fuel semiconductor industry growth.
2. Support federal funding for university research to
discover the next generation of semiconductor
technologies.
3. Streamline export controls to allow U.S.
semiconductor companies to compete in the global
market while protecting national security.
4. Strengthen America’s technology workforce by
retaining the best and brightest scientific minds
from around the world and increasing the number of
American STEM graduates.
5. Reform the corporate tax system to enhance
America’s competitiveness, boost U.S. design and
manufacturing, and promote American innovation.
6. Improve the security and authentication of
semiconductor products through partnerships with
industry and government.
7. Promote sustainability practices and innovation
development by ensuring that regulations meet the
needs of the semiconductor industry.
PREFACE - i -
List of Figures
(Page Numbers in Parentheses)
(1)
SECTION 1: INDUSTRY OVERVIEW
(2) The Global Semiconductor Industry is a Key Growth Sector in the Global Economy
(3) The U.S. Semiconductor Industry has Over Half the Global Market Share
(4) U.S.-Based Industry Semiconductor Sales have Displayed Steady Annual Growth
(5) U.S.-Based Semiconductor Companies Maintain Market Share Leadership in Most Major Regional
Semiconductor Markets
(6) The Majority of Semiconductor Manufacturing Done in the United States is Done by U.S. Firms
(7) The U.S. Semiconductor Industry Conducts the Majority of its Manufacturing in the United States
(8) Semiconductors are one of America’s Top Exports
(9)
SECTION 2: GLOBAL MARKET
(10) Global Semiconductor Sales are Driven by Products Ultimately Purchased by Consumers
(11) Global Semiconductor Sales are Diversified by Type of Product Sold
(12) Today, Asia Pacific is by Far the Largest Regional Semiconductor Market
(C) 2015 Semiconductor Industry Association All Rights Reserved.
CONTENTS - ii -
List of Figures
(Continued)
(13) SECTION 3: CAPITAL AND R&D INVESTMENT
(14) Total Annual Levels of Investment in Capital and R&D are High for the Industry
(15) Capital and R&D Investment are Critical to Maintaining a Competitive Semiconductor Industry
(16) Investment in Capital Expenditures and R&D per Employee is Very High – And it Reached an
Unprecedented Level in 2014
(17) Semiconductor Industry R&D Expenditures are Consistently High which Reflects the Inherent
Importance of R&D to Semiconductor Firms
(18) Annual R&D Expenditures as a Percent of Sales have Generally Exceeded 10 Percent Over the Past 20
Years, an Unprecedented Rate among U.S. Industries in the United States
(19) The U.S. Semiconductor Industry Spends More on R&D as a Percent of Sales than any Other U.S.
Industry
(20) U.S. Semiconductor Industry Capital Expenditures Reached a Record High in 2011 with the Industry
Continuing to Invest Significantly in Subsequent Years
(21) SECTION 4: JOBS
(22) The U.S. Semiconductor Industry Accounts for a Quarter of the Million Direct Jobs and Over a Million
Additional Indirect Jobs
(23) SECTION 5: PRODUCTIVITY
(24) U.S.-Based Semiconductor Firms have Experienced Rapid Improvements in Productivity Over the Past
20 Years
(C) 2015 Semiconductor Industry Association All Rights Reserved.
CONTENTS - iii -
Section 1
INDUSTRY OVERVIEW
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 1: Industry Overview - 1 -
SECTION 1: INDUSTRY OVERVIEW
THE GLOBAL SEMICONDUCTOR INDUSTRY IS A KEY GROWTH SECTOR IN THE GLOBAL ECONOMY
Worldwide semiconductor sales increased from $101.9 billion in 1994 to $335.8 billion in 2014, an average annual rate
of increase of 11.5 percent per year. According to the WSTS Spring 2015 Semiconductor Industry Forecast, worldwide
semiconductor industry sales are forecast to reach $347 billion in 2015, $359 billion in 2016, and $370 in 2017.*
*WSTS, Fall 2014 Semiconductor Industry Forecast.
400
Global Semiconductor Sales ($Billion)
350
300
250
200
150
100
+9.9% '13/'14
50
0
'94
'95
'96
'97
'98
'99
'00
'01
'02
'03
'04
'05
'06
'07
'08
'09
'10
'11
'12
'13
'14
Source: World Semiconductor Trade Statistics (WSTS) and SIA Estimates.
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 1: Industry Overview - 2 -
SECTION 1: INDUSTRY OVERVIEW
THE U.S. SEMICONDUCTOR INDUSTRY HAS OVER HALF THE GLOBAL MARKET SHARE
Semiconductor producers based in the Americas experienced a significant loss in market share during the 1982 to
1988 period. In the early 1980s, the Americas-based producers held more than 50 percent of worldwide
semiconductor sales. Due to intense competitive pressure from Japan-based firms, the effect of illegal "dumping“,
and a severe industry recession in 1985 to 1986, the industry lost a total of nineteen worldwide market share
points. Today, Americas-based firms have the largest market share with over 50 percent.
The industry in the Americas has rebounded strongly since the late 1980s. While largely exiting the DRAM market in
the 1980s, its firms have maintained their competitive edge in microprocessors and other leading edge devices,
and it has even gained in memory in recent years. Strong growth in these sectors enabled the industry to increase
its market share to over half of the world market. Firms in Asia and Europe have grown in terms of their
importance as suppliers as well.
60
Share %
US 51%
50
2014
40
30
Korea
Japan
17%
12%
EU
Taiwan
8%
7% China
4%
20
10
0
'83 '84 '85 '86 '87 '88 '89 '90 '91 '92 '93 '94 '95 '96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14
Note: Market share based on headquarters of seller, i.e. foundry output not included in market share. Numbers rounded.
Source: SIA/World Semiconductor Trade Statistics (WSTS)/IHS/PwC/IC Insights
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 1: Industry Overview - 3 -
SECTION 1: INDUSTRY OVERVIEW
U.S.-BASED INDUSTRY SEMICONDUCTOR SALES HAVE DISPLAYED STEADY ANNUAL GROWTH
Sales of total worldwide semiconductor producers based in the Americas grew from $44.2 billion in 1994 to
over $172.9 billion in 2014 – an average annual rate of increase of 14.6 percent. Sales growth for U.S.
companies shows the same cyclical fluctuations characterized by the industry as a whole.
200
US-based Industry Semiconductor Sales ($Billion)
180
160
140
120
100
80
60
40
20
+11.7% '13/'14
0
'94
'95
'96
'97
'98
'99
'00
'01
'02
'03
'04
'05
'06
'07
'08
'09
'10
'11
'12
'13
'14
Source: World Semiconductor Trade Statistics (WSTS) and SIA Estimates.
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 1: Industry Overview - 4 -
SECTION 1: INDUSTRY OVERVIEW
U.S.-BASED SEMICODUCTOR COMPANIES MAINTAIN MARKETSHARE LEADERSHIP IN MOST MAJOR
REGIONAL SEMICONDUCTOR MARKETS
In 2014, semiconductor firms based in the Americas held over 50 percent of the total semiconductor market. In
all major markets other than Japan, U.S. headquartered companies held around half the market. In Japan, one
of the world’s largest single country markets, U.S. firms held only 36 percent share – historically foreign
headquartered companies have held a relatively lower share of the Japanese market than in all other markets.
Americas Firms
Other Firms
Asia Pacific/All
Other Market
$102.7 B
51.8%
48.2%
Chinese Market
$91.6 B
59.2%
40.8%
Americas Market
$69.3 B
46.0%
54.0%
56.3%
43.7%
36.2%
63.8%
Europe Market
$37.5 B
Japan Market
$34.8 B
Source: World Semiconductor Trade Statistics (WSTS) and SIA Estimates.
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 1: Industry Overview - 5 -
SECTION 1: INDUSTRY OVERVIEW
THE MAJORITY OF SEMICONDUCTOR MANUFACTURING DONE IN THE UNITED STATES
IS DONE BY U.S. FIRMS
In 2014, roughly 87 percent of all semiconductor wafer fabrication capacity in the United States was
accounted for by U.S. headquartered firms. Semiconductor firms headquartered in the Asia Pacific region
accounted for most of the balance of capacity in the United States at around 10 percent.
Percent of Wafer Capacity in the US by Headquarter Location
Americas 87.1%
Asia Pacific 10.3%
Europe 1.5%
Japan 1.0%
Source: IC Insights Global Fab Database and SIA Estimates.
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 1: Industry Overview - 6 -
SECTION 1: INDUSTRY OVERVIEW
U.S. SEMICONDUCTOR INDUSTRY CONDUCTS THE MAJORITY OF ITS
MANUFACTURING IN THE UNITED STATES
In 2014, about 52 percent of U.S.-headquartered firm wafer capacity was located in the Americas
region. The Asia Pacific region was the second largest area, accounting for 30 percent of the total
capacity.
Percent of U.S.-Headquartered Firm Wafer Capacity by Location
Americas 52.2%
Asia Pacific 30.1%
Europe 9.1%
Japan 8.7%
Note: Figures are rounded to the nearest 10th.
Source: IC Insights Global Fab Database and SIA Estimates.
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 1: Industry Overview - 7 -
SECTION 1: INDUSTRY OVERVIEW
SEMICONDUCTORS ARE ONE OF AMERICA’S TOP EXPORTS
Electronic products such as computers and telecommunications equipment constitute the single largest U.S.
export category, greater that $120 billion per year, and semiconductors are key components of nearly all
electronic products. Exports of semiconductor components alone were worth $43 billion, second only to the
export value of automobiles and aircraft.
#1 U.S. Electronic Product Export in 2014 ($Bn)
Top 3 Manufactured U.S. Exports in 2014 ($Bn)
50
Aircraft $113 Billion
Automobiles $61 Billion
Semiconductors
40
30
Semiconductors $43 Billion
20
Computer
Equipment
Radio and
Television
Telephone Broadcasting
Apparatus and Wireless
Communication
Computers
Equipment
10
0
Source: U.S. International Trade Commission. Industry
defined by NAICS codes: 334413 (Semiconductors);
336411 (Aircraft); 336111 (Automobiles).
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Source: U.S. International Trade Commission. Industry defined
by NAICS codes: 334413 (Semiconductors); 334119 (Computer
Equipment); 334210 (Telephone Apparatus); 334111
(Computers); 334220 (Radio and Television Broadcasting and
Wireless Communications Equipment).
Section 1: Industry Overview - 8 -
Section 2
GLOBAL MARKET
Diversified and Consumer-driven
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 2: Global Market - 9 -
GLOBAL MARKET
GLOBAL SEMICONDUCTOR SALES ARE DRIVEN BY PRODUCTS ULTIMATELY PURCHASED
BY CONSUMERS
The vast majority of semiconductor sales demand is driven by products ultimately purchased by consumers – be they PC’s for home use
and currently rapid developed mobile devices, such as cell phones and tablets. Increasingly, demand is also driven in emerging markets
including those in Asia, Latin America, Eastern Europe and Africa.
2014 Total Global Semiconductor Market $336 Billion
Percent of Semiconductor $ Demand
Communications
Automotive
34.4%
10.4%
12.9%
11.7%
Consumer
Industrial/
Gov't
30.6%
PC/Computer
Note: Military is <1% and is included in Industrial.
Source: World Semiconductor Trade Statistics and SIA Estimates.
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 2: Global Market - 10 -
GLOBAL MARKET
GLOBAL SEMICONDUCTOR SALES ARE DIVERSIFIED BY TYPE OF PRODUCT SOLD
Semiconductor technology has rapidly evolved as the industry develops more advanced product and process
technologies for applications in end-use industries. In recent years, the largest segments of the worldwide
semiconductor industry have been logic, memory, MPU, and analog. In 2014, these products accounted for 77
percent of semiconductor industry sales.
Distribution of Worldwide Semiconductor Sales By Product Segment 2014
$92B
Logic
Memory
$79B
% Change
over last year
+6.6%
+18.2%
Analog
$44B
+10.6%
MPU
$44B
+7.1%
$30B
Opto
Discretes
$20B
$15B
MCU
Sensor
DSP
$9B
$3B
+8.3%
+10.8%
+4.4%
+5.8%
-6.2%
Source: World Semiconductor Trade Statistics and SIA Estimates.
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 2: Global Market - 11 -
GLOBAL MARKET
TODAY, ASIA PACIFIC IS BY FAR THE LARGEST REGIONAL SEMICONDUCTOR MARKET
The Asia Pacific market has quadrupled in size since 2001 - from $39.8 billion to over $194 billion in 2014. In the early 1980's, the
largest worldwide semiconductor market was the Americas. However, the Americas share of worldwide consumption eroded throughout
the mid-to-late-1980's. Japan became the largest regional market in 1986 largely due to its thriving electronics industry. The size of the
Americas market surpassed Japan in 1993 due to the strength of its computer and telecommunications sectors. In 2001, the Asia Pacific
market surpassed all other regional markets in sales as electronic equipment production shifted to the region. This data reflects sales
of semiconductors to electronic equipment makers only – final products are then shipped for consumption around the world.
200
180
Global Regional Semiconductor Market ($Billion)
Asia Pacific '14 57.8%
160
Americas '14 20.6%
140
Europe '14 11.2%
120
Japan '14 10.4%
100
80
60
40
20
0
'94
'95
'96
'97
'98
'99
'00
'01
'02
'03
'04
'05
'06
'07
'08
'09
'10
'11
'12
'13
'14
Source: World Semiconductor Trade Statistics and SIA Estimates.
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 2: Global Market - 12 -
Section 3
Capital and R&D Investment
A Driving Force in Maintaining a
Competitive Semiconductor Industry
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 3: Capital and R&D Investment - 13 -
CAPITAL AND R&D INVESTMENT
TOTAL ANNUAL LEVELS OF INVESTMENT IN CAPITAL AND R&D ARE HIGH FOR THE INDUSTRY
Total R&D and capital expenditures by U.S. semiconductor firms including fabless companies was $53.0 billion in
2014. During the 1994 to 2014 period, the average annual growth rate was approximately 14 percent. Investment
levels in dollar terms have not been subject to fluctuations associated with the Silicon Cycle.
60
R&D and Capital Expenditures ($Billion)
50
40
30
20
10
0
'94
'95
'96
'97
'98
'99
'00
'01
'02
'03
'04
'05
'06
'07
'08
'09
'10
'11
'12
'13
'14
Source: U.S. Semiconductor Companies’ Annual 10K Fillings* to the USSEC and SIA Estimates.
*For a few U.S. companies whose 2014 annual 10K fillings were not available by June 30 2015, SIA estimated their metrics
based on company sales forecasts and their previous year’s performance.
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 3: Capital and R&D Investment - 14 -
CAPITAL AND R&D INVESTMENT
CAPITAL AND R&D INVESTMENT ARE CRITICAL TO MAINTAINING A COMPETITIVE
SEMICONDUCTOR INDUSTRY
To remain competitive in the semiconductor industry, firms must continually invest a significant share of revenues in both R&D and new
plants and equipment. The pace of technological changes in the industry requires that companies develop more complex process
technology and introduce production machinery capable of manufacturing components with smaller feature sizes. The ability to
produce state-of-the-art semiconductor components can only be maintained through a continual commitment to keeping pace with
industry-wide investment rates of roughly 30% of sales. The need to stay on the leading edge of technology has resulted in some
extreme fluctuations in years such as 2001, when sales declined precipitously but expenditures on R&D and capital equipment didn’t
decline at the same rate.
40
% of Sales
35
30
25
20
15
10
5
0
'94
'95
'96
'97
'98
'99
'00
'01
'02
'03
'04
'05
'06
'07
'08
'09
'10
'11
Source: U.S. Semiconductor Companies’ Annual 10K Fillings* to the USSEC and SIA Estimates.
'12
'13
'14
*For a few U.S. companies whose 2014 annual 10K fillings were not available by June 30 2015, SIA estimated their metrics
based on company sales forecasts and their previous year’s performance.
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 3: Capital and R&D Investment - 15 -
CAPITAL AND R&D INVESTMENT
INVESTMENT IN CAPITAL EXPENDITURES AND R&D PER EMPLOYEE IS VERY HIGH – AND IT
REACHED AN UNPRECEDENTED LEVEL IN 2014
From 1994 to 2014, total investment per employee (measured by combined R&D and new gross plant and equipment) has
increased at a rate of about 6 percent per year. These expenditures exceeded $100K in 2001 but declined to roughly $85K in
2003 after the 2001 downturn. Investment per employee increased to over $100K in 2006. The 2008-2009 recession resulted in
the decline of investment per employee in 2009 and 2010, but returned in 2012 and grew to an unprecedented level at 2014.
140
K$ Per Employee
120
100
80
60
40
20
0
'94
'95
'96
'97
'98
'99
'00
'01
'02
'03
'04
'05
'06
'07
'08
'09
'10
'11
'12
'13
'14
Note: Employees reflect U.S. global employment.
Source: U.S. Semiconductor Companies’ Annual 10K Fillings* to the USSEC and SIA Estimates.
*For a few U.S. companies whose 2014 annual 10K fillings were not available by June 30 2015, SIA estimated their metrics
based on company sales forecasts and their previous year’s performance.
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 3: Capital and R&D Investment - 16 -
CAPITAL AND R&D INVESTMENT
SEMICONDUCTOR INDUSTRY R&D EXPENDITURES ARE CONSISTENTLY HIGH WHICH REFLECTS
THE INHERENT IMPORTANCE OF R&D TO SEMICONDUCTOR FIRMS
Semiconductor industry R&D expenditures grew at an average annual rate of approximately 33 percent during the 1994 to
2014 period. R&D expenditures by U.S. semiconductor firms tend to be consistently high, regardless of cycles in annual sales,
which reflects the importance inherent in the industry of investing in R&D.
40
35
R&D Expenditure ($Billion)
30
25
20
15
10
5
0
'94
'95
'96
'97
'98
'99
'00
'01
'02
'03
'04
'05
'06
'07
'08
'09
'10
'11
'12
'13
'14
Source: U.S. Semiconductor Companies’ Annual 10K Fillings* to the USSEC and SIA Estimates.
*For a few U.S. companies whose 2014 annual 10K fillings were not available by June 30 2015, SIA estimated their metrics
based on company sales forecasts and their previous year’s performance.
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 3: Capital and R&D Investment - 17 -
CAPITAL AND R&D INVESTMENT
ANNUAL R&D EXPENDITURES AS A PERCENT OF SALES HAVE GENERALLY EXCEEDED 10 PERCENT OVER
THE PAST 20 YEARS, AN UNPRECEDENTED RATE AMONG U.S. INDUSTRIES IN THE UNITED STATES
R&D expenditures as a percent of sales have generally exceeded 10 percent over the past 20 years. This rate is almost unprecedented
among major manufacturing sectors of the United States economy. While R&D expenditures as a percent of sales have exhibited some
cyclical fluctuations, total expenditures (measured in dollar terms) have risen at an average annual rate of over 33 percent over the
period. R&D expenditures are essential to the competitive position of firms within the semiconductor industry. The rapid pace of
technological change requires constant advancements in process technology and device capabilities. The increase in R&D in 2001 and
2002 was caused by companies’ commitment to the future of technology despite the industry downturn. The 2003-2004 decrease was
not due to a cut in R&D budgets but rather to a stronger than expected recovery in the industry which increased revenues faster than
expected and R&D fell as a percentage of sales. After the decline during 2008-2010, the rate returned to 19 percent in 2013.
25
% of Sales
20
15
10
5
0
'94
'95
'96
'97
'98
'99
'00
'01
'02
'03
'04
'05
'06
'07
'08
'09
'10
Source: U.S. Semiconductor Companies’ Annual 10K Fillings* to the USSEC and SIA Estimates.
'11
'12
'13
'14
*For a few U.S. companies whose 2014 annual 10K fillings were not available by June 30 2015, SIA estimated their metrics
based on company sales forecasts and their previous year’s performance.
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 3: Capital and R&D Investment - 18 -
CAPITAL AND R&D INVESTMENT
THE U.S. SEMICONDUCTOR INDUSTRY SPENDS MORE ON R&D AS A PERCENT OF SALES THAN
ANY OTHER U.S. INDUSTRY
The rate of U.S. semiconductor industry R&D spending is unsurpassed in key high technology industrial sectors. Based on the
2014 EU Industrial R&D Investment Scoreboard, the semiconductor industry led all manufacturing sectors in the rate of R&D
spending as a percent of sales.
R&D Expenditures as a Percent of Sales
Semiconductors
18.4%
Pharmaceuticals & Biotechnology
Software & Computer Services
16.3%
12.3%
Support Services
7.2%
Media
6.8%
Technology Hardware & Equipment*
6.0%
Mobile Telecommunications
5.7%
Alternative Energy
4.1%
Health Care Equipment & Services
3.8%
Electronic & Electrical Equipment*
3.7%
Note: *Excluding Semiconductors.
Source: The 2014 EU Industrial R&D Investment Scoreboard
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 3: Capital and R&D Investment - 19 -
CAPITAL AND R&D INVESTMENT
U.S. SEMICONDUCTOR INDUSTRY CAPITAL EXPENDITURES REACHED A RECORD HIGH IN 2011
WITH THE INDUSTRY CONTINUING TO INVEST SINGNIFICANTLY IN SUBSEQUENT YEARS
Semiconductor industry gross capital expenditures grew at an average annual rate of approximately 5 percent during the 1994
to 2014 period. Capital expenditures declined over the 2001-2003 period due both to the completion of major new facilities
during the 1999 - 2001 period and outsourcing to foundries. 2004 saw a rebound and in 2005 the industry was in a balanced
position in terms of capital expenditures as a percentage of sales. In 2011, after a sharp decline in 2009, capital expenditures
reached $19 billion---an all time high.
20
18
Capital Expenditures ($Billion)
16
14
12
10
8
6
4
2
0
'94
'95
'96
'97
'98
'99
'00
'01
'02
'03
'04
'05
'06
'07
'08
'09
'10
'11
'12
'13
'14
Source: U.S. Semiconductor Companies’ Annual 10K Fillings* to the USSEC and SIA Estimates.
*For a few U.S. companies whose 2014 annual 10K fillings were not available by June 30 2015, SIA estimated their metrics
based on company sales forecasts and their previous year’s performance.
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 3: Capital and R&D Investment - 20 -
Section 4
Jobs
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 4: Jobs - 21 -
Jobs
THE U.S. SEMICONDUCTOR INDUSTRY ACCOUNTS FOR A QUARTER OF A MILLION DIRECT JOBS
AND OVER A MILLION ADDITIONAL INDIRECT JOBS
Source: U.S. Bureau of Labor Statistics and SIA estimates
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 4: Jobs - 22 -
Section 5
Productivity
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 5: Productivity - 23 -
Productivity
U.S.-BASED SEMICONDUCTOR FIRMS HAVE REPORTED RAPID IMPROVEMENTS IN PRODUCTIVITY
OVER THE PAST 20 YEARS
Semiconductor industry labor productivity has increased over fourfold since 1994. These productivity gains have been made
possible by maintaining high capital investment levels and R&D spending rates. In 2014, the U.S. semiconductor industry
recorded an average sales revenue per employee ratio of over $467,000 – an all time high record.
500
450
Sales Per Employee ($1,000)
400
350
300
250
200
150
100
50
0
'94
'95
'96
'97
'98
'99
'00
'01
'02
'03
'04
'05
'06
'07
'08
'09
'10
'11
'12
'13
'14
Note: Employees reflect U.S. global employment.
Source: U.S. Semiconductor Companies’ Annual 10K Fillings* to the USSEC and SIA Estimates.
*For a few U.S. companies whose 2014 annual 10K fillings were not available by June 30 2015, SIA estimated their metrics
based on company sales forecasts and their previous year’s performance.
(C) 2015 Semiconductor Industry Association All Rights Reserved.
Section 5: Productivity - 24 -