
According to our research report, “Semiconductor Industry Forecast to 2012”, the fast moving electronics and telecommunication market has witnessed tremendous growth in semiconductor sales in 2010. Semiconductor market has been gaining popularity among industrial sectors including automotive, aircraft, telecommunication, and wireless devices, etc. This market is largely being 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. On the back of these factors, it is projected that, the global semiconductor market will grow at a CAGR of around 6% during 2011-2014.