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Wednesday, July 14, 2010

#MEMS Chips Beat Recession with Double-Digit Growth

Micro-electro-mechanical systems (MEMS) chips have bounced back from recessionary pressures by returning to the double-digit growth they experienced before the recession. Look for MEMS chips in everything from mobile handsets to children's toys, beating nearly every other technology in market growth for at least five more years. R.C.J.


Here is what EETimes says about the growing MEMS market: Propelled by strong sales of mobile handsets, gaming controllers, digital cameras and other consumer electronics devices, the micro-electro-mechanical (MEMS) market will return to double-digit growth in 2010 after two years of decline, according to market research firm iSuppli Corp. The total MEMS market will be worth about $6.5 billion, up more than 11 percent from last year and nearly as high as its historic peak in 2007, according to iSuppli (El Segundo, Calif.). By 2014, the MEMS market will surpass $9.8 billion, iSuppli predicted...
Full Text: http://bit.ly/NextGenLog-MEMSbx