Automotive, IoT chip markets leave other segments behind

Automotive, IoT chip markets leave other segments behind

There are currently two big sellers in the semiconductor market: Automotive and Internet of Things. With an average annual growth rate (CAGR) of just over 13 percent, these two sub-markets leave the former growth leader in mobile handsets in the dust behind, the market research institute IC Insights has calculated. In their latest report "IC Market Drivers 2018" the market researchers go into detail. The two new champion markets are predicted to grow 70 percent faster than the industry average over the entire 2016-2021 period. Driven by the dynamic development of driver assistance systems (ADAS) and autonomous driving as […]

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