Mobile Market Highest Growth Segment for the Semiconductor Industry

The mobile market is the highest growth end segment for the semiconductor industry. Many consumer electronics devices still use MCUs and ASICs. However, devices such as smartphones, MIDs, and mini-notes require higher level functionality, programmability, and connectivity. As a result, these mobile consumer devices are increasingly shifting toward merchant market processors, reports In-Stat.

Merchant market processors offer higher levels of integration and performance while reducing the device Original Equipment Manufacturer’s (OEMs) cost and time to market. This is evident as the mobile market for merchant processing solutions is expected to grow at a 22.3% CAGR through 2013 with the highest total unit growth resulting from handheld applications like smartphones and MIDs. By 2013, the market is projected to grow to about 775 million units.


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Mobile Market Highest Growth Segment for the Semiconductor Industry

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