Double-digit growth in wireless will drive the global semiconductor market...
Double-digit growth in wireless will drive the global semiconductor market in 2012, said an IHS iSuppli report released Friday. It forecast overall chip revenue to rise 3 percent to $320.8 billion. Wireless leads, with revenue in that category set to…
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rise 10.4 percent to $72.6 billion; industrial electronics will also be a major contributor, with revenue forecast to rise 7.7 percent, IHS said. Revenue in other semiconductor segments will rise by less than 3 percent or will fall from last year, the report said. “While most markets are struggling with slow growth or declines in 2012, the wireless segment continues to expand at a healthy pace, driven by strong sales gains for smartphones and media tablets,” said Len Jelinek, chief analyst for semiconductor manufacturing at IHS (http://xrl.us/bnietf).