Thursday, January 16, 2025

MEDC Communications

Shaping the Future with Semiconductors

From the personal electronics we use each day to the automotive and health care industries, semiconductors play a critical role in our daily lives and the global economy. At the center of this thriving industry? Michigan.

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This article was originally published on Trade & Industry Development

Michigan is a top 10 state for overall employment in electronic component and semiconductor manufacturing; its semiconductor workforce has seen top 10 levels of growth in the last five years at 12 percent, with an expected increase to 15 percent for the next five years. In 2022, Michigan’s auto industry purchased over $40 million in products and services from semiconductor companies in Michigan. As the global hub of the automotive industry — the state is home to nearly one-fifth of U.S. auto production — Michigan has long been a customer of the semiconductor industry, affording it deep knowledge and expertise as it becomes a central hub for this booming sector.

Through strategic investments, educational partnerships and supportive policies, Michigan continues to enhance its leadership role in the semiconductor industry, contributing to both state and national economic growth. With an eye on the future of advanced technologies and onshoring supply chains, Michigan is positioned to be a cornerstone of America’s semiconductor future. 

Read the full article on Trade & Industry Development

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