
The semiconductor industry is growing rapidly as demand for chips increases, as devices and applications bleed into daily life. However, the sector is facing a deep workforce imbalance, the availability of qualified professionals — especially engineers and leaders — is shrinking at an alarming rate, according to Semi. While companies and countries have their own workforce development programs, it's seemingly not at a fast enough pace to avoid a skilled workforce shortage in the coming years, which could lead to a shortfall of one million workers.