Gartner has recently announced a huge expansion in the global semiconductor foundry market of over 16.2 percent. This large growth is mostly attributed to the mobile phone market that is growing at a staggering rate.
For the first time in history, mobile chip production revenue was higher than revenue from PCs and notebooks. A large majority of this growth came from low-cost smartphone providers in China.
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Gartner: Mobile Fuels Chip Market Gains