Goodix GR5405 Automotive BT 5.3 LE SoC (9X10362 Die) Floorplan Analysis

Semiconductors invest 15.2% of sales in R&D for new processes and chip design. See key innovation trends in the McClean Report.

The semiconductor business is driven by constant technological change and the need to maintain high levels of investment in research and development (R&D) for new manufacturing processes and materials, complex product designs, and advancements in packaging, testing, and final assembly steps. For years, the semiconductor industry has been near the top or led all other major industrial segments in R&D “intensity,” which measures spending on R&D as a percent of total sales. Annual R&D spending by the global semiconductor industry has averaged 15.2% of worldwide sales since 1990.