I stumbled upon something while reading the Asian Development Bank's report on the world economy. No big surprises here, but one tiny chart stood out. The column chart of WW and Asian semiconductor sales from 2001 to 2006 indicates that while Asia accounted for just one third of semiconductor sales in 2001, they comprise half of it today.
This encompasses a number of the main topics I discuss on The Futurist. From The Impact of Computing (which is thus higher in Asia than in the rest of the world) to the accelerating rate of GDP growth (which necessitates so many large Asian countries, totaling 3 billion people, to all grow at 6% or more per year, just to keep total world GDP at its trendline). From cellphone dispersion to PC adoption to enterprise server and router usage, semiconductor sales are just about the best indicator of economic and technological progress.
Let's see how big of a share of world seminconductor revenues Asia can ultimately consume before the relative maturity of the US market is emulated.
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