U.S. 5G to See Mass Market Pickup in 2021, Soitec CEO Says

The video discusses the growth of the tech industry driven by innovations like 5G and AI. It highlights Soitec's role in 5G technology and its strategic partnerships to stay competitive. The financial outlook is optimistic, with plans to double revenue by 2022. Material innovations, especially in electric vehicles, are emphasized as key growth areas.

What is the primary mission of the industry according to the transcript?

• To deliver new innovations

• To increase workforce

• To reduce costs

• To expand globally

Which technology is highlighted as a key driver for growth in the industry?

• Virtual Reality

• Quantum Computing

• Blockchain

• 5G

What role does Soitec play in the 5G industry?

• Designing user interfaces

• Developing software

• Manufacturing substrates

• Providing network services

How is Soitec planning to protect itself in the competitive market?

• By reducing prices

• By building strong capabilities and partnerships

• By outsourcing production

• By focusing on marketing

What is Soitec's approach to innovation and competition?

• Acquiring smaller companies

• Expanding into new markets

• Running faster than competitors

• Focusing on cost-cutting

What is a key material innovation mentioned for electric vehicles?

• Graphene

• Silicon carbide

• Carbon fiber

• Aluminum alloy

What is the expected benefit of using silicon carbide materials in electric vehicles?

• Lower cost

• Increased speed

• Reduced weight

• Extended range