Driven by the huge demand for electronic goods, the global semiconductor industry grew 1.5% and reached $20.44 Billion mark in February 2008.

With completion of its standardization, global WiMAX market is observing rapid growth in its subscriber base, with Asia-Pacific expected to emerge as the largest subscriber base by 2010, says RNCOS.

Rapid advancements in the chip technology was one of the primary reasons for rise in sales of semiconductors across the world in 2007.