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Q&A with GloFo CEO: 'IoT Is No Mystical Animal'Junko Yoshida, EETimes SHANGHAI — PC shipments are going down all over the world. The smartphone market is losing steam. The chip industry is expecting a down year in 2016. Practically every chip vendor in the world is groping for growth drivers for the semiconductor market. Globalfoundries’ CEO Sanjay Jha came to Shanghai this week and said that mobility and pervasive computing will continue to drive the industry. But he emphasized that many applications expected to drive the industry’s growth – which includes mass market smartphones, M2M, IoT and automotive – “don’t require the cost and complexity of FinFET.”
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