Archer Materials Ltd (ASX:AXE) (OTCMKTS:ARRXF) (FRA:38A) has welcomed the publication of a comprehensive independent report, Australian Semiconductor Sector Study: Capabilities, opportunities and challenges for NSW’s meaningful participation in the global semiconductor value chain, by the Office of the NSW Chief Scientist & Engineer.
Archer contributed to the development of this scoping study, together with other semiconductor sector leaders.
Australian companies may hold a leading position
The company encourages its shareholders and investors to read the study as it examines the global semiconductor market size and current and future trends, analyses NSW and Australian performance and capabilities to date.
It also offers recommendations on what is needed for the sector’s constituents in NSW to successfully accelerate their participation in the high-value high-tech semiconductor industry, and prospective global market opportunities, where Australian companies may hold a leading position, for example in quantum computing.
The scoping study presents a positive long-term outlook for the potential of increased participation by companies such as Archer in the global semiconductor sector.
Archer’s current areas of strength and strategic significance across the semiconductor value chain is reported to include securing high-impact intellectual property in global markets and chip development.
Semiconductors are commonly referred to as ‘chips’, and enable almost all technology applications.
The global semiconductor industry is one of the world’s largest.
This study values the global market for manufacturing chip devices at US$400 billion-plus and by some estimates, is forecast to reach US$1 trillion by 2030.
Chips currently address end markets valued at US$4 trillion-plus, that include processor, memory, and sensor devices.
Archer’s 12CQ chip
12CQ is a world-first qubit processor chip technology that Archer aims to build for quantum computing operation at room-temperature and integration onboard modern electronic devices.
Story by ProactiveInvestors
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