The semiconductor chip industry started with the invention of the transistor in 1947 by Bell Labs. Almost 80 years later, this tiny technological marvel has become indispensable in our lives.
From the production of computers, machines, smartphones, automobiles, and even defense weapons, semiconductor chip aka the chip runs everything. Currently, the United States, Taiwan, Japan, China, and some European nations lead the chip industry in production and innovation. However, changes may be brewing at the horizons.