Rebooting the electronics industry: New innovations are vital to address unprecedented economic challenges

The reeling financial markets are challenging global business leaders to aggressively rethink their strategies. Across the electronics industry, effects are likely to be quite different, reflecting the enormous diversity of the industry itself. From consumer electronics to medical devices, industry sub-segments will have to respond – each in its own way – to lower consumer spending and stricter access to capital.

At the same time, the Internet has permanently changed not just our everyday lives, but also society at large and how enterprises operate around the world. The desire for intelligent, interactive electronic devices – from the largest flat-panel television to the smallest radio-frequency identification tag – is here to stay. To operate efficiently in the new economic environment, electronics companies will need to respond decisively to the sharp downturn by staying true to the industry's renowned reputation for valuing innovation.

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