Wednesday, May 24, 2017

Auto chip market to grow 22% this year

The automotive IC market is expected to grow  22% this year to a new record high of $28 billion, says IC Insights. After increasing 11.5% in 2014, the automotive IC market declined 2.5% in 2015, but then rebounded with 10.8% growth in 2016. The sales decline experienced in 2015 was primarily the result of falling ...

Read full article: Auto chip market to grow 22% this year

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