Mike Konrad, President, Aqueous Technologies

2021 has been an unprecedented year in the semiconductor industry with the World Semiconductor Trade Statistics (WSTS) forecasting a 25% revenue increase over 2020. This has resulted in component shortages over a range of industries and led to an increased focus on extending end-of-life for applications where equipment longevity is critical.

Rochester Electronics is well-positioned to support our customers in these sectors with our extensive inventory of components and wide range of semiconductor manufacturing services.

This year Rochester Electronics has continued to invest in semiconductor manufacturing capabilities, especially in areas like 300mm die processing and US-based plastic package assembly.

Looking ahead, we see automotive electronics as becoming a major part of Rochester's strategy, and to deepen our commitment to providing customers with the highest standards of products and services we have enhanced our Quality Management System (QMS). In fact, we have just received the IATF 16949:2016 letter of conformance for the Design and Manufacture of semiconductor components

For 2022, we continue to see strong demand in sectors such as 5G telecom, Automotive, and Medical, especially for US-based manufacturing capabilities.