Technological advances and the development of semiconductors have had a positive influence on the world economy.
This is according to Environmental Research Web, which pointed out that the world's electronic devices are getting smaller and smaller as the semiconductor industry develops.
It notes that over the past 50 years, the number of components that can be added to a chip has doubled nearly ever two years.
Known as Moore's Law, the news provider explains that this has driven the production of "even smaller and faster computers with ever greater amounts of energy".
However, Sarah Boyd, from the University of California at Berkeley in the US, told the website that: "Due to the increased adoption and application of computing, total energy use for computing society-wide has increased over the same time period."
Last week, the Associated Press reported that Taiwan is encouraging semiconductor companies to invest in China, although trade ties between the two are not as developed as they could be because the former is concerned about divulging its most up-to-date techniques.