IHS forecasts 11% rise in China automotive semiconductor market in 2014 due to safety and navigation features
Green Car Congress
FEBRUARY 26, 2014
The fast-growing semiconductor market for China’s automotive industry is set for double-digit expansion in revenue this year, propelled by an increasing desire among Chinese car buyers for added vehicle safety features and helpful infotainment applications such as car navigation, according to a new report from IHS Technology (NYSE: IHS).
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