Power ICs to Surpass $7 Billion in 2008

CIR’s new report, “Power ICs in the Mobile Device Market: A Five-Year Forecast of OEM Requirements,” says the semiconductor industry is emerging as a potentially hot growth area, reaching $4.3 billion in sales in 2004 and climbing to $7.2 billion in 2008. With more features and advanced display technologies being added to mobile devices, the processors used in them are more complex and are outpacing current lithium-chemistry batteries.

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