Chinese Automotive Chip Market Continues Rapid Growth

SAN FRANCISCO—Automotive IC revenue from the Chinese automotive market is expected to increase 11% this year to $6.2 billion, according to market research firm IHS Inc. While the growth rate for vehicle shipments in China has slowed in recent years, the market still requires an increasing number of higher performing chips to power automotive applications such as powertrains, infotainment and body-convenience systems, IHS (Englewood, Colo.) said.

Read the source article at EE Times

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