The chip industry grew a scant 0.4 percent in 2011, but that was enough to push it to a record $299.5 billion for the year. That wasn’t a bad performance given a weak global economy and disasters in Japan and Thailand.
The Semiconductor Industry Association (SIA), the chip industry’s trade group, said the sales for 2011 compared to $298.3 billion a year earlier. Growth in chips is critical for the economy since semiconductor chips are the backbone of everything electronic.
via Venture Beat
