TI’s CEO & President, Rich Templeton, mentioned the importance of medical equipment biz for India’s semiconductor industry during his visit to India.
Applications in the medical area, along with automotive applications hold prominence in the near future for the semiconductor industry in general, albeit a lot more in emerging markets like India and China. While consumer and telecom applications still remain strong contenders and are mainstream applications, the potential for these emerging segments is huge.
The shortened market window & pricing pressures for applications like entertainment/computing etc. falling under the generic consumer umbrella doesn’t give a leveling field to the smaller or niche players. This is where these yet to be fully tapped markets like medical and automotive hold the lure. Emerging market with strong potential which does not necessarily require the leading edge process ….. these can very well also pave the way for process choice in the soon to be set up foundries in India.
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Does this mean that a Mammoth levels of investment required for Fabrication of ICs in the consumer and mobile segment is NOT required for the medical sector ?
That would mean that this field is open for more number of Indian players as compared to Consumer or Mobile IC manufacturing.
Generically speaking, the technologies/process reqd. for the medical sector are 1-2 generations behind those employed for consumer/telecom apps. Also the time to market is not as aggressive as in these 2 industries; that's why I think this market (in IC fab aspect) holds more promise for these regions.
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