Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

Research on Countermeasures to Economic Challenges Faced by Enterprises in the Environment of Semiconductor Industry

A Case Study of ABCtronics

Authors
Shaofan Du1, *
1Case Western Reserve University, Cleveland, United States of America
*Corresponding author email: sxd659@case.edu
Corresponding Author
Shaofan Du
Available Online 26 March 2022.
DOI
10.2991/aebmr.k.220307.107How to use a DOI?
Keywords
semiconductor industry; business analytics; data analysis; probability distribution
Abstract

In 2021, IC chips are in extreme shortage in many factors. The companies in the semiconductor industry are facing various problems: high production costs, unsatisfying the high demand, and so on. However, difficulties create opportunities and innovation. In facing the big data and new information era, difficulties can devastate a company and make a company. In this research, we analyze a virtual company in the semi-conductor from the business and the statistic angles to solve the main problems they meet and make correct decisions for changing the business model. The virtual company and the data resource are from Case ABCtronics. The main methodology is using statistical distribution to analyze the data from the company and make decisions for improving the company’s utility and efficiency in two dimensions: production and sales. This paper eventually concludes with the better approaches of controlling production cost, quality control of IC chips, and serving customers.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
10.2991/aebmr.k.220307.107
ISSN
2352-5428
DOI
10.2991/aebmr.k.220307.107How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Shaofan Du
PY  - 2022
DA  - 2022/03/26
TI  - Research on Countermeasures to Economic Challenges Faced by Enterprises in the Environment of Semiconductor Industry
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 667
EP  - 672
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.107
DO  - 10.2991/aebmr.k.220307.107
ID  - Du2022
ER  -