Vehicle Production Boosts Auto IC Chip Market

January 26, 2015
The semiconductor revenue in these applications is forecast to achieve a compound annual growth rate (CAGR 2013–2018) of 20 percent, 19 percent and 18 percent respectively. The outlook for 2015 is also promising and the automotive semiconductor market is forecast to reach $31B, a strong 7.5 percent improvement over 2014.
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