Indian Analog market sees a high

By agencies   |   Friday, 14 July 2006, 19:30 IST
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BANGALORE: Analog IC sales are seeing a rapid change in the market with the communication industry accounting for half of the increased growth. Posed at a rate of more than 35 percent, the Indian market for analog ICs, worth $221 million in 2005, is set to reach nearly $300 million this year. A rise of another 40 percent is predicted by 2007, at the pace of growth witnessed reaching a record of $427 million and a further prediction through 2010 when sales reach nearly $1 billion, according to the India Semiconductor Association (ISA). With power circuits accounting for $108 million this year, data converters $100 million, amplifiers $73 million, and interface circuits $18 million, the IC analogs, unit basis, power circuits will account for half of the 860 million analog ICs to be sold in India this year. Also added on this list are wireless handsets and equipment, VCD and DVD players with set-top boxes and wireless handsets showcasing highest potential.