Global Semiconductor Industry to Grow at a CAGR of 11%
The semiconductor market is mainly considered as a sophisticated and capital-intensive enterprise, incorporating a wide range of highly advanced technologies that stimulate growth in other industries through the use of electronics. According to our research report “Semiconductor Industry Forecast to 2012”, global semiconductor market will grow at a CAGR of around 11% during 2011-2013 fuelled by demand from emerging Asian economies. Countries such as India and China will fuel the demand for semiconductors in the Asia-Pacific region in coming years.
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