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We have the technology to make society safer – how long can we justify not using it?
We have the technology to make society safer – how long can we justify not using it?

While the application of facial recognition within both public and private spheres continues to draw criticism from those who see it as a threat to civil rights, this technology has become extremely commonplace in the lives of iPhone users. It is so prevalent, in fact, that by 2024 it is predicted that 90% of smartphones will use biometric facial recognition hardware. CCTV surveillance cameras  Similarly, CCTV is a well-established security measure that many of us are familiar with, whether through spotting images displayed on screens in shops, hotels and offices, or noticing cameras on the side of buildings. It is therefore necessary we ask the question of why, when facial recognition is integrated with security surveillance technology, does it become such a source of contention? It is not uncommon for concerns to be voiced against innovation. History has taught us that it is human nature to fear the unknown, especially if it seems that it may change life as we know it. Yet technology is an ever-changing, progressive part of the 21st century and it is important we start to shift the narrative away from privacy threats, to the force for good that LFR (Live Facial Recognition) represents. Live Facial Recognition (LFR) We understand the arguments from those that fear the ethics of AI and the data collection within facial recognition Across recent weeks, we have seen pleas from UK organisations to allow better police access to facial recognition technology in order to fight crime. In the US, there are reports that LAPD is the latest police force to be properly regulating its use of facial recognition to aid criminal investigations, which is certainly a step in the right direction. While it is understandable that society fears technology that they do not yet understand, this lack of knowledge is exactly why the narrative needs to shift. We understand the arguments from those that fear the ethics of AI and the data collection within facial recognition, we respect these anxieties. However, it is time to level the playing field of the facial recognition debate and communicate the plethora of benefits it offers society. Facial recognition technology - A force for good Facial recognition technology has already reached such a level of maturity and sophistication that there are huge opportunities for it to be leveraged as a force for good in real-world scenarios. As well as making society safer and more secure, I would go as far to say that LFR is able to save lives. One usage that could have a dramatic effect on reducing stress in people with mental conditions is the ability for facial recognition to identify those with Alzheimer’s. If an older individual is seemingly confused, lost or distressed, cameras could alert local medical centres or police stations of their identity, condition and where they need to go (a home address or a next of kin contact). Granted, this usage would be one that does incorporate a fair bit of personal data, although this information would only be gathered with consent from each individual. Vulnerable people could volunteer their personal data to local watchlists in order to ensure their safety when out in society, as well as to allow quicker resolutions of typically stressful situations. Tracking and finding missing persons Another possibility for real world positives to be drawn from facial recognition is to leverage the technology to help track or find missing persons, a lost child for instance. The most advanced forms of LFR in the market are now able to recognise individuals even if up to 50% of their face is covered and from challenging or oblique angles. Therefore, there is a significant opportunity not only to return people home safely, more quickly, but also reduce police hours spent on analysing CCTV footage. Rapid scanning of images Facial recognition technology can rapidly scan images for a potential match Facial recognition technology can rapidly scan images for a potential match, as a more reliable and less time-consuming option than the human alternative. Freed-up officers could also then work more proactively on the ground, patrolling their local areas and increasing community safety and security twofold. It is important to understand that these facial recognition solutions should not be applied to every criminal case, and the technology must be used responsibly. However, these opportunities to use LFR as force for good are undeniable.   Debunking the myths One of the central concerns around LFR is the breach of privacy that is associated with ‘watchlists’. There is a common misconception, however, that the data of every individual that passes a camera is processed and then stored. The reality is that watch lists are compiled with focus on known criminals, while the general public can continue life as normal. The very best facial recognition will effectively view a stream of blurred faces, until it detects one that it has been programmed to recognise. For example, an individual that has previously shoplifted from a local supermarket may have their biometric data stored, so when they return to that location the employees are alerted to a risk of further crimes being committed. Considering that the cost of crime prevention to retailers in recent years has been around £1 billion, which therefore impacts consumer prices and employee wages, security measures to tackle this issue are very much in the public interest. Most importantly, the average citizen has no need to fear being ‘followed’ by LFR cameras. If data is stored, it is for a maximum of 0.6 seconds before being deleted. Privacy Privacy is ingrained in facial recognition solutions, yet it seems the debate often ignores this side of the story Privacy is ingrained in facial recognition solutions, yet it seems the debate often ignores this side of the story. It is essential we spend more time and effort communicating exactly why watchlists are made, who they are made for and how they are being used, if we want to de-bunk myths and change the narrative. As science and technology professionals, heading up this exciting innovation, we must put transparency and accountability at the centre of what we do. Tony Porter, former Surveillance Camera Commissioner and current CPO at Corsight AI, has previously worked on developing processes that audit and review watch lists. Such restrictions are imperative in order for AI and LFR to be used legally, as well as ethically and responsibly. Biometrics, mask detection and contactless payments Nevertheless, the risks do not outweigh the benefits. Facial recognition should and can be used for good in so many more ways than listed above, including biometric, contactless payments, detecting whether an individual is wearing a facemask and is therefore, safe to enter a building, identifying a domestic abuse perpetrator returning to the scene of a crime and alerting police. There are even opportunities for good that we have not thought of yet. It is therefore not only a waste not to use this technology where we can, prioritising making society a safer place, it is immoral to stand by and let crimes continue while we have effective, reliable mitigation solutions.  

Securing empty premises: Product performance is everything
Securing empty premises: Product performance is everything

Since the start of the pandemic, almost a quarter of UK businesses have been forced to temporarily close, pause trading, or work remotely, with very little notice. Now nearing the 12th month of the crisis, the country is currently enduring its third national lockdown, with an unspecified timeframe. Most workers are being urged to remain at home and only venture out for essential travel. This means a huge number of premises across the board, from recreational venues such as theatres, pubs and leisure centres, to office buildings, and storage facilities, will remain empty. It’s likely that security has been scaled back, so many buildings could be vulnerable to attack for the foreseeable future. Just recently we’ve seen empty pubs in London targeted by opportunistic illegal rave organisers. Physical security strategy Even rural areas aren’t exempt from the problem, as burglars have reportedly targeted beauty salons, etc Even rural areas aren’t exempt from the problem, as burglars have reportedly targeted beauty salons, food stores and vehicle hire premises this winter. Vandalism and burglary remain very real threats, therefore it is vital that facilities managers and property owners ensure the physical security of these empty buildings is maintained to the highest standard to protect property and the assets within. Below we outline key considerations when evaluating a physical security strategy for an empty building. Assess the risk We would urge facilities managers and building owners to carry out regular, thorough checks of the building and the perimeter to assess any obvious factors which would elevate the risk of attack. This includes assessing the location. Is the crime rate high? How visible is the property? Are the contents of the property on show? How secure is the access or perimeter boundary? View the premises from a potential intruder’s perspective, and when you can’t be at the site in person, use photographs, notes and drawings to identify potential weaknesses. For example, there may be high security fencing at the front of the premises, but make sure it is not at risk of being compromised at the back. Conducting regular maintenance Retain and maintain quality Inspecting the fence line may seem obvious and straightforward, but it needs to be a deliberate, scheduled event Conducting regular maintenance is even more essential while premises are left empty, as it is much easier for any issues to appear and escalate undetected. We highly recommend regularly inspecting your fencing for disrepair or damage as this can affect the perimeter’s integrity. Alternatively, choosing high quality galvanised and preferably powder coated steel fencing with a 25-year guarantee will offer longer-lasting protection against rust and corrosion. Inspecting the fence line may seem obvious and straightforward, but it needs to be a deliberate, scheduled event. Take time to check the perimeter on both sides. As you inspect the fencing, keep an eye out for any attempted breaches and note if foliage, weather conditions, or topography changes have affected security integrity. Check all fixtures and fittings are in good working order, look for damage and corrosion, and clear all litter and debris away. Huge security risk Quality investments In a time when businesses are already stretched, it can be tempting to opt for quick, inexpensive fixes. However, poorly executed design or cheap, low quality products can lead to costly, long-term remediation or worse, significant loss to the business. Make wise, informed decisions and specify solutions based on your organisation’s security needs first and foremost. While generic steel palisade is a popular option, owing to its intimidating aesthetic, it is easily compromised. Steel palisade fencing has inherent weaknesses that undermine performance. Its wide pales can obstruct surveillance, while the bolted construction is a huge security risk. Simply removing or breaking the lower fixing on one or two pales would allow them to swing aside to give repeated access to the site without leaving an easily visible sign that the perimeter has been breached. It’s a false economy, as the initial lower price is offset by the costs and inconvenience incurred by regular repairs. Performance classification system The standard works via a performance classification system, and even considers the tools that an intruder may use Specifying a higher quality product that’s fit for purpose makes more sense both in the short and long term, and it adds little to the original cost. Fortunately, there are a number of security accreditations that facilities managers and building owners can refer to when specifying security measures at their site, helping them choose effective solutions to combat the risks the property faces. Proven performance Certifications and approvals, such as The Loss Prevention Certification Board’s (LPCB) LPS 1175 and the British Standards Institution’s (BSI) PAS, prove a product has been thoroughly tested to a specific standard. They prove the strength and durability of the item in multiple different situations. It is worth noting also that investing in effective perimeter protection can actually deliver a positive return by reducing the incidence of burglary and vandalism, and their associated costs. The technical evaluation work carried out by LPCB is extremely thorough. The product is subjected to rigorous quality audit processes, to certify the security products tested by BRE deliver verified levels of protection. All LPS 1175 rated products are vigorously tested before receiving an accreditation. The standard works via a performance classification system, and even considers the tools that an intruder may use. Intrusion detection system Our law enforcement teams are stretched to capacity and coping with reduced workforces due to illness By predicting a likely toolset, specifiers can construct multiple defensive layers to maximise how much time a facility has to respond to an attack. Different levels of security are crucial for the ‘5D defence’ concept, whereby a quintet of security assets work together to prevent access to your site, resulting in a strategy that will: Deter, Detect, Deny, Delay and Defend unwanted access from intruders. 360° security There is no single solution when it comes to securing a building. Every situation must be considered on an individual basis, starting with a full risk assessment. We recommend an integrated approach where appropriate. Along with a secure perimeter, this might also include effective lighting in shaded areas and at doors, gates, and vulnerable windows, Perimeter Intrusion Detection Systems (PIDS) and well-placed CCTV. These measures can hinder entry and escape, or increase the chance of discovery and detection. Domestic burglaries While domestic burglaries have become less attractive as many of our homes are now occupied around the clock, commercial properties have become increasingly more vulnerable. Our law enforcement teams are stretched to capacity and coping with reduced workforces due to isolating and illness. Therefore it has never been so important for building owners and facilities managers to assess the properties they’re responsible for to ensure they’re protected effectively in the event of an attack.

Safety in smart cities: How video surveillance keeps security front and centre
Safety in smart cities: How video surveillance keeps security front and centre

Urban populations are expanding rapidly around the globe, with an expected growth of 1.56 billion by 2040. As the number of people living and working in cities continues to grow, the ability to keep everyone safe is an increasing challenge. However, technology companies are developing products and solutions with these futuristic cities in mind, as the reality is closer than you may think. Solutions that can help to watch over public places and share data insights with city workers and officials are increasingly enabling smart cities to improve the experience and safety of the people who reside there. Rising scope of 5G, AI, IoT and the Cloud The main foundations that underpin smart cities are 5G, Artificial Intelligence (AI), and the Internet of Things (IoT) and the Cloud. Each is equally important, and together, these technologies enable city officials to gather and analyse more detailed insights than ever before. For public safety in particular, having IoT and cloud systems in place will be one of the biggest factors to improving the quality of life for citizens. Smart cities have come a long way in the last few decades, but to truly make a smart city safe, real-time situational awareness and cross-agency collaboration are key areas which must be developed as a priority. Innovative surveillance cameras with integrated IoT Public places need to be safe, whether that is an open park, shopping centre, or the main roads through towns Public places need to be safe, whether that is an open park, shopping centre, or the main roads through towns. From dangerous drivers to terrorist attacks, petty crime on the streets to high profile bank robberies, innovative surveillance cameras with integrated IoT and cloud technologies can go some way to helping respond quickly to, and in some cases even prevent, the most serious incidents. Many existing safety systems in cities rely on aging and in some places legacy technology, such as video surveillance cameras. Many of these also use on-premises systems rather than utilising the benefits of the cloud. Smart programming to deliver greater insights These issues, though not creating a major problem today, do make it more challenging for governments and councils to update their security. Changing every camera in a city is a huge undertaking, but in turn, doing so would enable all cameras to be connected to the cloud, and provide more detailed information which can be analysed by smart programming to deliver greater insights. The physical technologies that are currently present in most urban areas lack the intelligent connectivity, interoperability and integration interfaces that smart cities need. Adopting digital technologies isn’t a luxury, but a necessity. Smart surveillance systems It enables teams to gather data from multiple sources throughout the city in real-time, and be alerted to incidents as soon as they occur. Increased connectivity and collaboration ensures that all teams that need to be aware of a situation are informed instantly. For example, a smart surveillance system can identify when a road accident has occurred. It can not only alert the nearest ambulance to attend the scene, but also the local police force to dispatch officers. An advanced system that can implement road diversions could also close roads around the incident immediately and divert traffic to other routes, keeping everyone moving and avoiding a build-up of vehicles. This is just one example: without digital systems, analysing patterns of vehicle movements to address congestion issues could be compromised, as would the ability to build real-time crime maps and deploy data analytics which make predictive policing and more effective crowd management possible. Cloud-based technologies Cloud-based technologies provide the interoperability, scalability and automation Cloud-based technologies provide the interoperability, scalability and automation that is needed to overcome the limitations of traditional security systems. Using these, smart cities can develop a fully open systems architecture that delivers interoperation with both local and other remote open systems. The intelligence of cloud systems can not only continue to allow for greater insights as technology develops over time, but it can do so with minimal additional infrastructure investment. Smart surveillance in the real world Mexico City has a population of almost 9 million people, but if you include the whole metropolitan area, this number rises sharply to over 21 million in total, making it one of the largest cities on the planet. Seven years ago, the city first introduced its Safe City initiative, and ever since has been developing newer and smarter ways to keep its citizens safe. In particular, its cloud-based security initiative is making a huge impact. Over the past three years, Mexico City has installed 58,000 new video surveillance cameras throughout the city, in public spaces and on transport, all of which are connected to the City’s C5 (Command, Control, Computers, Communications and Citizen Contact) facility. Smart Cities operations The solution enables officers as well as the general public to upload videos via a mobile app to share information quickly, fixed, body-worn and vehicle cameras can also be integrated to provide exceptional insight into the city’s operations. The cloud-based platform can easily be upgraded to include the latest technology innovations such as licence plate reading, behavioural analysis software, video analytics and facial recognition software, which will all continue to bring down crime rates and boost response times to incidents. The right cloud approach Making the shift to cloud-based systems enables smart cities to eliminate dependence on fibre-optic connectivity and take advantage of a variety of Internet and wireless connectivity options that can significantly reduce application and communication infrastructure costs. Smart cities need to be effective in years to come, not just in the present day, or else officials have missed one of the key aspects of a truly smart city. System designers must build technology foundations now that can be easily adapted in the future to support new infrastructure as it becomes available. Open system architecture An open system architecture will also be vital for smart cities to enhance their operations For example, this could include opting for a true cloud application that can support cloud-managed local devices and automate their management. An open system architecture will also be vital for smart cities to enhance their operations and deliver additional value-add services to citizens as greater capabilities become possible in the years to come. The advances today in cloud and IoT technologies are rapid, and city officials and authorities have more options now to develop their smart cities than ever before and crucially, to use these innovations to improve public safety. New safety features Though implementing these cloud-based systems now requires investment, as new safety features are designed, there will be lower costs and challenges associated with introducing these because the basic infrastructure will already exist. Whether that’s gunshot detection or enabling the sharing of video infrastructure and data across multiple agencies in real time, smart video surveillance on cloud-based systems can bring a wealth of the new opportunities.

Latest Infineon Technologies AG news

Infineon and Fingerprint Cards collaborate to drive mass deployment of biometric cards
Infineon and Fingerprint Cards collaborate to drive mass deployment of biometric cards

Biometric payment cards with an integrated fingerprint sensor make contactless payments more convenient, more secure and hygienic. The contactless card remains in the hands of the cardholder throughout the entire payment transaction, while eliminating the need for PIN entries or signatures to authorise even high-value payments. Infineon Technologies AG and Fingerprint Cards AB have joined forces to enable mass deployment of this emerging solution.  The pioneers for security controller in contactless payment and for fingerprint sensors, including their related software, aim to provide card makers with biometric semiconductor solutions which make integration particularly cost-efficient and scalable. The fingerprint information is stored on the card’s embedded secure element and not shared with any third party, thus protecting the user’s credentials.  Biometric payment cards  “Authorising payments without handing over the card is a huge step forward in terms of user experience, data security and hygiene. We selected Fingerprints as they are the leading biometric silicon and technology provider with market proven performance. Jointly, we want to drive the industrialisation of biometric payment cards from a niche into mass market rollout,” said Bjoern Scharfen, Head of the Payment and Transport Ticketing product line at Infineon. Collaboration is key in the payment ecosystem, in which Infineon is a leading player" “Combining Fingerprints’ leading biometric technology with our expertise in chip security, energy efficiency and contactless performance, we will develop a system solution that is easy to integrate and gives our customers a head start in an emerging growth market.”  “Collaboration is key in the payment ecosystem, in which Infineon is a leading player. Together we will produce an optimised solution that will make it easier for card manufacturers to integrate biometrics into future generations of contactless payment cards, ultimately putting these cards into the hands of consumers around the world to enable a worry-free payment experience,” says Michel Roig, SVP Business Line Payments & Access at Fingerprints.  Excellent contactless performance  Fingerprints’ sensor modules, combined with Infineon’s 40 nm high-performance and energy-efficient security controllers based on the 32-bit ARM® SC300™ SecurCore®, fully support the requirements of biometric payment cards. They enable:  Secured matching of the fingerprint image within the security controller where the private data is securely stored Excellent contactless performance despite the increased power required Convenient and reliable enrollment of sensitive biometric data in the card Almost every second payment card with a chip worldwide has an Infineon security controller at its core. Infineon also supplied chip solutions for major biometric card projects and pilots in 2020.  

Sectigo partners with Infineon Technologies AG to provide automated certificate provisioning
Sectigo partners with Infineon Technologies AG to provide automated certificate provisioning

Sectigo, a provider of automated digital identity management and web security solutions, announces a partnership with Infineon Technologies AG to provide automated certificate provisioning for Infineon’s OPTIGA™ Trusted Platform Module (TPM) 2.0 using Sectigo IoT Identity Manager. The integration provides manufacturers with a complete certificate management solution, including issuance and renewal, starting right on the factory floor, with secure certificate creation and insertion using the OPTIGA™ TPM for private key storage. Strong authentication and secure communication “Including a TPM chip in an IoT device design is the first step in enabling strong authentication and secure communication for IoT devices,” explained Alan Grau, VP of IoT/Embedded Solutions at Sectigo. “Together, Sectigo and Infineon are enabling device manufactures to leverage strong authentication and secure communication for IoT devices during the manufacturing of the device itself. This integration not only automates the process of provisioning certificates for IoT devices, but also delivers a complete PKI solution leveraging Sectigo’s highly secure cloud infrastructure.” Device manufacturers across industries recognise the need to strengthen the security of their devices Device manufacturers across industries increasingly recognise the need to strengthen the security of their devices. The Sectigo-Infineon joint solution enables manufacturers to provide the enhanced levels of security required to protect their devices and to ensure compliance with ever-emerging and evolving IoT security standards and regulations across the globe. Device identity certificates For example, manufacturers are able to provision certificates into devices before they leave the factory, so that their connected IoT and IIoT products comply with the authentication requirements of the California IoT Security Law, along with other similar legislation. Device identity certificates enable strong authentication and the TPM—a specialised chip on an endpoint device—provides secure key storage to ensure keys are protected against attacks. The joint solution enables the insertion of certificates into the device during the manufacturing of the device, when the device is first provisioned into a network, or into the TPM chip itself before the chip is shipped to the manufacturer. By installing certificates into the TPM chip prior to manufacturing, manufacturers are able to track the component throughout the supply chain to protect against device counterfeiting, ensuring that only authentic devices are manufactured. Securing and authenticating connected devices Together with our partner Sectigo, we are now also able to offer automated factory provisioning" “Infineon’s audited and certified TPMs enable manufacturers of connected devices to achieve higher levels of security. Together with our partner Sectigo, we are now also able to offer automated factory provisioning. This gives our customers a proven path combining ease of integration with the benefits of higher security performance,” said Lars Wemme, Head of IoT Security at Infineon Technologies. The Sectigo IoT Identity Platform removes the complexity associated with securing and authenticating connected devices so that businesses can protect their infrastructure in an easy, scalable, cost-effective, way. The platform enables enterprises and OEMs to ensure the integrity and identity of their devices and maintain that security by managing certificates throughout the lifecycle of the device. Broad portfolio of security controllers Infineon’s OPTIGA™ security solutions, including the OPTIGA™ TPM, offer a broad portfolio of security controllers to protect the integrity and authenticity of embedded devices and systems. With a secure key store and support for a variety of encryption algorithms, the security chips provide robust protection for critical data and processes through their rich functionality—and are essential for strong device identity solutions because the crypto co-processor can securely store the private key of the device. Infineon’s proven key storage, coupled with Sectigo’s automated certificate issuance and management, delivers a robust, automated and easy-to-use PKI solution for device manufacturers.

IHS: Worldwide industrial semiconductor revenues grew by 18 percent in 2014
IHS: Worldwide industrial semiconductor revenues grew by 18 percent in 2014

Worldwide industrial semiconductor revenues grew by 18 percent year over year in 2014, according to IHS Inc., the leading global source of critical information and insight. Global industrial semiconductor revenue in 2014 totaled $40.4 billion, up from $34.3 billion in 2013. The year-over-year increase follows solid growth of 13 percent in 2013, a decline of 3 percent in 2012 and 12 percent growth in 2011. The strong performance achieved in 2014 represents the highest annual growth rate, since the 36 percent boom in 2010. “Gradual acceleration in the global economy, led by the United States and China, continued to lift industrial equipment demand,” said Robbie Galoso, principal analyst, IHS Technology. “Broad-based growth in industrial electronics gained momentum in the semiconductor industry, especially in products used for factory automation control, commercial avionics, LED lighting, digital internet-protocol cameras, climate control, renewable energy, traction, wireless application-specific testers and oil and gas exploration equipment.” Moderate growth expected this year Based on the latest information from the IHS Industrial Semiconductors service, the industrial electronics category is expected to continue its strong momentum, as the top application-revenue driver in the semiconductor industry, through 2019. Industrial semiconductor revenue growth is expected to increase 7 percent in 2015, with continued growth forecast for many segments; however, more moderate growth is expected this year, due mainly to slowed growth in memory, logic and analog products used in building and home control, military and civil aerospace, and test and measurement. With improving financial results in the long term, the industrial semiconductor market is expected to be on track to reach 6 percent compound annual growth rate (CAGR) between 2014 and 2019. 2014 top 10 company ranking variations Texas Instruments maintained its strong position as the largest industrial semiconductor supplier in the world, followed by STMicroelectronics and Infineon Technologies. Both Micron Technology and ON Semiconductor both made their way into the top-10 industrial semiconductor supplier ranking list in 2014. "Micron jumped into the top 10 last year, due to the success of their product-longevity program, which reinforced their commitment to the industrial market", said Robbie Galoso, principal analyst, IHS Technology “Micron jumped into the top 10 last year, due to the success of their product-longevity program, which reinforced their commitment to the industrial market and leveraged the company’s 2013 acquisition of Elpida Memory,” Galoso said. “Micron’s product longevity program continued to grow quickly in 2014, which helped the company become the undisputed global industrial memory chip supplier.” The other big mover among the top 10, On Semiconductor, was boosted by its acquisition of Aptina, a leading complementary metal-oxide semiconductor (CMOS) image sensor supplier in the industrial market, which moved the merged company into tenth position in the rankings. Because both Micron and ON Semiconductor made their way into the top 10 rankings, both Maxim Integrated Products and Cree were displaced. Strategic acquisitions to play major role “Strategic acquisitions will continue to play a major role in shaping the overall semiconductor market rankings in key industrial semiconductor segments,” Galoso said. “Infineon and NXP will soon upgrade their positions among the top semiconductor suppliers in 2015, due to their acquisitions of International Rectifier and Freescale Semiconductor respectively.” The combined industrial semiconductor revenues for NXP and Freescale last year would amount to $1.3 billion. A joint NXP Freescale would be ranked in sixth place, behind Analog Devices; NXP was previously ranked 16th while Freescale was ranked 17th. The combined company will catapult into the top 10 for major industrial applications, and impressive share gains will be realised -- especially in manufacturing and process automation, military and civil aerospace, power and energy and medical electronics. On the other hand, the combined Infineon International Rectifier would generate $2.3 billion in industrial semiconductor revenues, which would catapult the merged company into second place in last year’s rankings. Among the top 10 semiconductor suppliers, nine companies achieved growth in 2014 and seven of those companies posted double-digit growth. Out of the top 10 companies, only one, Renesas Electronics, suffered a decline, as the Japanese semiconductor market and suppliers continued to struggle. Industrial semiconductor market revenues on the upswing Among the top 10 semiconductor suppliers, nine companies achieved growth in 2014 and seven of those companies posted double-digit growth Optical Semiconductor delivered the strongest performance, thanks to the continued strength of the LED market. The highest semiconductor device absolute revenue growth from 2014 to 2019 will come from LEDs, which is expected to grow from $6.3 billion to $12.6 billion—stemming from the global general lighting LED lighting boom, with most countries banning incandescent bulbs in 2014. Discrete power transistors, thyristors, rectifier and power diodes are expected to grow from $6 billion to $7.3 billion, due to the policy shift toward energy efficiency. Microcontrollers (MCUs) are also expected to experience robust growth in the long-term, growing from $4.3 billion to $5.8 billion, because of advances in power efficiency and integration features. Out of more than 27 semiconductor segments, 26 achieved increased year-over-year growth in 2014. All 7 major semiconductor components grew last year, led by optical, analog integrated circuits (ICs), logic ICs, discretes, micro component ICs, memory ICs, and sensors and actuators. Both analog ICs and logic application-specific ICs achieved the strongest turnaround in growth, moving from relatively flat growth in 2013 to over 20 percent growth last year.

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