Despite Short-Term Cyclical Downturn, Global Semiconductor Market’s Long-Term Outlook is Strong – Semiconductor Industry Association

It is encouraging to see that the long-term outlook of the semiconductor industry remains strong despite short-term cyclical downturn. The key here is that investments will continue to grow and demands from automotive, data storage and wireless connectivity sectors will drive the growth.

It looks like the CHIPS Act will help encourage companies to invest in ecosystem development in the US thus bringing in more jobs in the US. According to the article from SIA (check out the link below), the semiconductor industry will support 2.1 million jobs in the US economy by the end of the decade. I certainly hope that emerging technologies and innovations in speech recognition, Internet of Things, Wifi and 6G connectivity will drive increasing demand for semiconductors. The future is bright if we can grow interests in STEM education and careers and that we will train enough engineers to support the industry in the coming years.

Despite Short-Term Cyclical Downturn, Global Semiconductor Market’s Long-Term Outlook is Strong – Semiconductor Industry Association

Reading Journey

Tee’s books on Goodreads

Faith Still Moves Mountains: Miraculous Stories of the Healing Power of Prayer
Rise and Kill First: The Secret History of Israel's Targeted Assassinations
HBR's 10 Must Reads on Strategic Marketing
Bending Reality: How to Make the Impossible Probable
Have a Little Faith: A True Story
The Psychology of Money: Timeless lessons on wealth, greed, and happiness
The Power Formula for LinkedIn Success: Kick-start Your Business, Brand, and Job Search
A Gentleman in Moscow: A Novel
Out of the Gobi: My Story of China and America
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50 Ways to Get a Job: An Unconventional Guide to Finding Work on Your Terms
The Sun Does Shine: How I Found Life and Freedom on Death Row
Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World
The 2-Hour Job Search: Using Technology to Get the Right Job Faster
The Immortalists
George Yeo on Bonsai, Banyan and the Tao
Our Iceberg Is Melting: Changing and Succeeding Under Any Conditions
Singapore at Random: Facts, Figure, Quotes and Anecdotes on Singapore
Undistracted: Capture Your Purpose. Rediscover Your Joy.
The Complete Eh, Goondu!


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Now that the pandemic is almost over, I started reflecting on the changes in my life. The biggest being, I haven’t had the chance to travel the world and to visit customers. I did travel on a few occasions but nothing like what I have done while working as a marketing director.

As I have no more commute and no more travels, I needed to find something to do with all the extra time on my hands. In a typical year, I would read maybe 10 -15 books, so I decided to get myself a really nice ebook reader and start to read everyday. This has proven to be a blessing in many ways. I found that by reading, I can sort of travel to different places and learn a lot about historical events. I guess through reading, I get to view the world in a different light. I get to feel different emotions and I get to learn new things. That is the gift that this pandemic has given me. I hope to continue my reading while looking for work.