MARCH 20248MANUFACTURING TECHNOLOGY INSIGHTSBy Amarjit Sandhu, Corporate Vice President, Assembly and Test NAND Operations, Micron TechnologyIN MY OPINIONCOMBINING SMART MANUFACTURING AND THE BEST TALENTS TO DRIVE OPERATIONAL EXCELLENCEAt the turn of the century, semiconductor memory and storage products made up 10 percent of the overall market. Two decades later, it commands close to 30 percent of the semiconductor market. We expect to witness exponential growth in the memory and storage sector in the next couple of years, at a rate faster than the projected growth of the semiconductor industry to $1 trillion by 2030.At the heart of this trajectory is the accelerated rate of digitalization in recent years that enabled the shift from the PC and internet era to smartphones and on to today's burgeoning data and artificial intelligence (AI) economy. As we traverse the next generation of technologies, memory and storage become increasingly central to enabling innovation such as cloud, data centers, mobile, networking, industrial technology, graphics, automotive, and high-performance computing. Amarjit Sandhu
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