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"...California’s share of
this business is larger than any other nation in the world." |
B. The California Semiconductor Industry
The Semiconductor Equipment and Materials Industry is a
California creation. This is best illustrated by the pie chart in Figure 2.
Of the estimated 1261 companies in the U.S. engaged in this business, almost half are
located in California (537). Furthermore, as shown in Figure 3, California’s share of
this business is larger than any other nation in the world. In California, these companies
employ approximately 50,000 workers (17% of total employment in the electronics industry),
and account for roughly $20 billion in revenues. The semiconductor equipment and materials
industry has been growing even faster than the semiconductor industry as a whole. Here in
California, companies engaged in this business have increased employment by an astonishing
75% since 1993. Moreover, they expect to double in size by the year 2003, adding another
50,000 jobs.
Figure 2. Share of Semicondutor
Materials and Equipment Industry by State
Figure 3. Number of Companies by
Nation Compared to California
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