Global semiconductor unit shipments have grown so much that it will hit the 1 trillion mark in 2016 (IC Insights Feb 18 report). Back in 1987, semiconductor shipments hit the 100 billion mark, it took 19 years to surpass 500 billion units (2006) . Imagine shipment doubling in just 10 years to 1 trillion units in 2016.
The dramatic rise in semiconductor shipment is due in large part to the consumer market and the growth of game consoles and mobile handsets. There seems to be no end in sight, with wearable devices and automotive telematics gaining momentum, we will likely see hugh growth well into 2020 and beyond.