Mobile handset growth pushes wireless semiconductors growth higher than overall chip market

As a result of the continued strong demand growth for mobile handsets, sales of semiconductors for wireless products rose at a faster pace than the overall chip market in 2007. The global wireless semiconductor market generated $29.5 billion in revenue in 2007, up 7.6 percent from $27.4 billion in 2006. These figures consist of revenue from sales of application-specific semiconductors—excluding memory—for wireless applications, including mobile handsets, wireless infrastructure equipment, wireless LANs and connectivity products.

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