Worldwide chip market to grow at 10% a year

Semiconductor Industry Association is projecting a compound annual growth rate of nearly 10% for 2005 through 2008. Worldwide sales of microchips will reach $309 bln in 2008, an increase of 45% from the $213 bln record level of 2004.

Semiconductor Industry Association is projecting a compound annual growth rate of nearly 10% for 2005 through 2008. Worldwide sales of microchips will reach $309 bln in 2008, an increase of 45% from the $213 bln record level of 2004.

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