<p>➀ Future Horizons CEO Malcolm Penn asserts that Makimoto’s Wave, tracking the semiconductor industry’s cyclical shifts between standardization and customization, remains valid until at least 2037; </p><p>➁ Dr. Makimoto, the theory’s originator, highlights its unexpected 80-year relevance and recognition among foundational computing laws like Moore’s Law; </p><p>➂ The article revisits the theory’s 1991 publication in Electronics Weekly and its ongoing impact on industry analysis.</p>