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68 SMT Magazine • September 2016 China Further Fortifies Its Semiconductor Sector with Formation of High-End Chip Alliance With the government's backing, key enterprises in China's semiconductor sector have just established a "high-end chip alliance" that fosters the forma- tion of a vertically integrated industry ecosystem on a national scale. Bit Supply Growth Led to Small Sequential Increase of 6.3% in Global DRAM Revenue for Q2 Compared with the prior quarter, the global aver- age sales price of DRAM for all applications fell by more than 5% in the second quarter, amid con- tinued market oversupply, according to DRAMeX- change, a division of TrendForce. Smart Weapons Market Worth $15.64 Billion by 2021 The smart weapons market is estimated to reach $15.64 billion by 2021, at a CAGR of 6.3% be- tween 2016 and 2021, mainly due to increasing incidences of armed conflicts, war, and terrorism, which are driving the demand for smart weapons globally, according to MarketsandMarkets. Military Satellites Market to Reach $14.37B in 2016 The military satellites market is set to be worth $14.37 billion in 2016, resulting from several ma- jor contracts in the United States, Israel and Rus- sia and continuing satellite fleet modernization in China and India, according to a new report by visiongain. Chip-on-Board LED Market in APAC to Grow 34.79% by 2020 The chip-on-board LED market in Asia-Pacific (APAC) is forecast to grow at a CAGR of 34.79% during the period 2016-2020, mainly driven by the expansion of manufacturing capacity in China given the subsidies for LED manufacturers offered by the government. 2.5 Billion Wireless Sensor Network Chipset Shipments in 2021 The Internet of Things (IoT) charges ahead with billions of wireless sensors in use worldwide and annual shipments of wireless sensor network (WSN) chipsets on track to reach 1 billion within the next two years, according to global technolo- gy research firm ON World. Global Smartphone Production Volume Hits 315 Million Units in Q2 Worldwide smartphone production volume to- taled around 315 million units in the second quar- ter, representing an 8.9% increase over the previ- ous quarter and a marginal year-on-year increase of 3.2%, according to TrendForce. Led by Macroeconomic Factors, Power Semiconductor Market Revenues Declined in 2015 The global market for power semiconductors fell 2.6% to $34 billion in 2015, due primarily to mac- roeconomic factors and application-specific issues, according to a new report from IHS Markit. Micro-LED Displays to Enter Mass Production in 2018 Due to Heavy Investments from Sony and Apple Following LCD and AMOLED, micro-LED has emerged as the next-generation display technol- ogy that is expected to be deployed widely in var- ious applications. Increasing interests from elec- tronics giants Apple and Sony have encouraged further investments in micro-LED and accelerated the timetable for its commercialization. Global Semiconductor Market Posts Sequential Sales Increase in Q2 Worldwide sales of semiconductors reached $79.1 billion during the second quarter of 2016, an in- crease of 1% over the previous quarter and a decrease of 5.8% compared to the second quarter of 2015, according to the Semiconductor Industry Association (SIA). Electronics Industry News Market Highlights

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