GSA Member KPMG released a new report "The Right to Win in Semiconductors" to discuss driving R&D efficiency through portfolio management. Read the full report here.
In the race to reap the benefits of Moore's law in the face of slowing revenue growth and rising research and development (R&D) costs, semiconductor companies must focus their R&D investment more efficiently--or risk being left behind. By consistently differentiating its products and demonstrating market leadership, a company earns the "right to win" in the industry. The good news is that R&D efficiency is possible through disciplined portfolio planning and product management, making the "right to win" an achievable goal.
The promise of Moore's law, the foundation of the semiconductor industry's
success for decades, remains valid--but its effects are taking longer to realize, and
that extended time frame is causing profound industry shifts.
One of the most obvious changes is ongoing consolidation driven in part by
increasing R&D and manufacturing costs as well as a desire to counter the
industry's slowing revenue growth. This consolidation is concentrating revenue and
earnings power at the top of the industry...