Worldwide chip market growth to narrow in 2007, says WSTS
The global semiconductor market is expected to grow 2.3% on an annualized basis to $253.5 billion in 2007 after the industry has seen a growth rate of 8.9% in 2006, according to World Semiconductor Trade Statistics (WSTS).The annual chip market projection for 2007 is below the forecasted percentage that WSTS issued last autumn, mainly due to revenues in first quarter 2007 being lower than expected for almost all products.
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