Other devices are driving growth as well, but the two categories are the most important

Oct 25, 2013 11:56 GMT  ·  By

The semiconductor business has been on the rise as of late, and now new information provided by market analyst firm Semiconductor Intelligence explains what has been driving this increase.

It seems that today we find at the heart of semiconductor business media tablets and smartphones.

The firm is predicting that the 2013 market will see a rise to $309 billion / €224 billion, which constitutes an increase of 6% compared to 2012.

Semiconductor Intelligent draws from IDC research to sediment the above-offered claims. It is expected that media tablet shipments will increase with 84 million units year-over-year. If we consider there’s $60 / €43 worth of semiconductor technology embedded in a tablet, the increase for 2013 will add up to $5 billion / €3.62 billion only from tablets.

Gartner and IDC as well expect the tablet market to see an amazing 50% increase in 2013, while PC sales will see decrease more and more.

Last but not least, Semiconductor Intelligence stated China represented a key pawn the semiconductor market. The country has seen an increase of 10% in electronics production.