Cell Phones Driving IC Market
Published: 21 September 2006
by Staff
SCOTTSDALE, AZ - Although the computer market remains the leading consumer of ICs and is forecast to make up 47% of the 2006 market, it is cell phones that are driving IC growth this year.
According to IC Insights, three billion subscribers are expected to be in place by the end of next year, the equivalent of 45% of the world's population.
The research firm forecasts 965 million cellular handsets will be sold this year, an increase of 20% over 2005. Moreover, growth of just 3.6% next year would push worldwide handset sales to more than one billion.
Average selling prices are expected to fall 4% next year as replacement phones make up more than the shipments.
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