Arasan In Year 2013 - 2014 - An Overview
January 2, 2014
The Semiconductor IP industry is constantly facing new challenges due to market competition to meet user demands for innovation. Every year the industry is compelled to upgrade existing gadgets with multifold features and performance upgrades. Driving forces like cloud services,mobile computing, big data, and social networking, are also enabling new product sectors.
IDC projects a revenue growth of 2.9% in the year 2014, a whopping 6.9% increase from 2012 with a strong demand for mobile devices like tablets and smartphones whose sales will grow by 18% and 12% respectively in 2014. It also predicts the expansion of the 3rd platform beyond tablets and smartphones to IoT (Internet of things)
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