While the R&D intensive semiconductor tools industry has become pivotal to the advancement of technology and the growth of the downstream semiconductor chip manufacturing industry, this was not always the case. In the early stages of the industry, the chip manufacturers made their own tools...

China, the world's leading exporter of electronic products, faces a fundamental dilemma. It is the largest and fastest-growing market for semiconductors, the core component of those electronics products. Yet, at least 80 percent of the semiconductors consumed in China's electronics products...

We study motives for and impacts of management discretion in inventory valuation. The semiconductor industry, with continual output price declines and rapid product obsolescence, provides an ideal setting to examine managers' inventory write-down and production decisions. In this context, we...

We study motives for and impacts of management discretion in inventory valuation. The semiconductor industry, with continual output price declines and rapid product obsolescence, provides an ideal setting to examine managers' inventory write-down and production decisions. In this context, we...

This article documents a structural change in the production of science in the U.S. semiconductor industry over almost three decades. We observe a change in scientific productivity over time, where smaller firms publish more articles per dollar in R&D. Moreover, our results show a positive...

This article documents a structural change in the production of science in the U.S. semiconductor industry over almost three decades. We observe a change in scientific productivity over time, where smaller firms publish more articles per dollar in R&D. Moreover, our results show a positive...

China has become the largest and fastest growing semiconductor market in the world, absorbing 40% of the worldwide semiconductor shipments. For US semiconductor firms, nothing compares to the China market. China however faces a fundamental dilemma. As the world's leading exporter of electronic...

Semiconductor manufacturing performed on expensive machines requires repetitive use of several similar processing operations. Owing to economic considerations, these expensive machines are always shared among many products or a product at different stages of its manufacturing process. The...