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58 SMT Magazine • November 2016 NAND Flash Prices on Upswing in Q4 as Supply Shortage Becomes More Severe The supply shortage that persisted in the NAND Flash market during the third quarter will become more acute in the fourth quarter due to surging demand from clients in the smartphone and SSD industries, according to industry analyst DRAMeX- change. Four IC Industry Clusters Emerge with China's 13th Five-Year Plan According to market research firm TrendForce, committed policy efforts and investments from the Chinese government have resulted in the forma- tion of four IC industry clusters that are respectively located in the country's four major regions of activ- ities – the Yangtze River Delta, the Pearl River Delta, the Beijing-Tianjin Bohai Sea region, and the Cen- tral-Western region. Growing Demand for LEDs Vital for Global Market Focusing on the development of energy-efficient LED lighting is likely to be a popular strategy among leading players in the global market in the coming years, according to a new report by Trans- parency Market Research. IoT Revolution Revitalizes Demand for High-end Flexible Sensors The global market for printed and flexible sensors is predicted to reach $7.51 billion by 2020, accord- ing to Transparency Market Research. CIOs Must Design and Deploy Digital Business Technology Platform Digital disruptors such as algorithms, AI, bots and chatbots are already transforming businesses. Gart- ner Inc. expects that algorithmic business will cre- ate even greater levels of disruption and new in- dustries. DRAM Module Industry Posted a 10% Decline in Annual Sales Revenue for 2015 The sales revenue of DRAM module worldwide for 2015 was around US$7.9 billion, representing a decrease of 10% compared with the 2014 figure, according to the latest revenue ranking of DRAM module makers by DRAMeXchange. Medical Technology Device Market to Reach Nearly $240B in 2016 The market for medical technology devices is ex- pected to reach nearly $240 billion in 2016 and this market is growing at a compound annual growth rate of 11% per year, according to a new study by Databeans Inc. Note 7 Battery Fire Reveals Flaw in Samsung's Supply Chain Strategy Battery fires linked to Samsung's latest flagship Galaxy Note 7 has led to a major fallout in the smartphone market, and is expected to cause smartphone brands to rethink their strategies for battery supply chains in the long run. ADAS Market Poised for Growth According to Transparency Market Research, the global advanced driver assistance systems market is expected to reach $50.48 billion by 2020. APAC Maritime Defense Market Set to be Worth $185.8B in 2016 The Asia-Pacific maritime defense market is set to be worth $185.8 billion by the end of 2016 re- sulting from ongoing major naval expansion and modernization in China, India, Japan and South Korea and also though relatively major fleet up- grades in Indonesia, Malaysia, the Philippines and other national markets, according to visiongain. Electronics Industry News Market Highlights

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