Global electronic system design revenue up 17% y-o-y to US$3.46b in 3Q2021, says SEMI
18 Jan 2022
The global electronic system design (ESD) industry’s revenue rose 17.1% year-over-year (y-o-y) to US$3.46 billion from US$2.95 billion in the third quarter of 2021 (3Q2021).
In a statement on its website Jan 17, US-based Semiconductor Equipment & Materials International (SEMI) cited the Electronic System Design Alliance (ESD Alliance) as saying the four-quarter moving average, which compares the most recent four quarters to the prior four, rose 16.1%.
ESD Alliance is a SEMI technology community, an international association of companies providing goods and services throughout the semiconductor design ecosystem.
SEMI Electronic Design Market Data (EDMD) report executive sponsor Walden C Rhines said the industry reported double-digit y-o-y revenue growth for 3Q2021.
“Geographically, all regions reported double-digit growth, with product categories CAE, printed circuit board and multi-chip module, SIP, and services also showing double-digit growth,” he said.
The companies tracked in the EDMD report employed 51,182 people globally in 3Q2021, an 8.7% increase over the 3Q2020 headcount of 47,087 and up 2.4% compared to 2Q2021.
Source: The Edge Markets