RE: Year end MD & A highlights Industry Outlook
The semiconductor market is projected to grow to $430 billion by 2015 and remains a rapidly growing segment of our society. Electronics sales topping $1,200 billion all require semiconductors to achieve success and competitive performance. New and more integrated technologies and devices have been the biggest driver to this market growth. Opel’s POET technology is applicable in a large portion of this semiconductor market as it represents, possibly, the most comprehensive solution to increasing semiconductor performance in an economical and functional manner. In the short term, POET’s current development efforts may allow future licensees to address weaknesses in the following markets (market sizes projected for 2015):
- Optical Semiconductor – projected $37.4 billion
- Sensors and actuators – projected $14.1 billion
- Analog ICs – projected $55.9 billion
- Discrete semiconductors – projected $28.6 billion
With further development, POET can potentially address other market areas such as:
- Logic – projected $115 billion
- MPUs and MCUs – projected $92.6 billion
- Memories – projected $86.6 billion