Over 39% of semiconductor sales will be e-transacted by 2003

14 March 2001 News

Semiconductor manufacturers and their suppliers are rapidly boosting their e-commerce capabilities creating benefits throughout the supply chain. The value of e-commerce transactions in the semiconductor industry will jump from $12,7 bn in 2000 to $104,6 bn in 2003. E-commerce transactions will grow from 6,2% of total semiconductor sales in 2000 to just over 39% in 2003.

This is according to Cahners In-Stat who says that 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.

www.instat.com

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