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India's chip market hits $6.55 billion

5/4/2011 03:27 PM EDT
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docdivakar
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re: India's chip market hits $6.55 billion
docdivakar   5/9/2011 6:56:44 PM
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Out of the quarterly Semi market ($75 to $80Billion for 2011), this roughly translates to $1.6B, still a small 2% market -it doesn't add up. I would have expected it to be higher than a meager 2% given the population and the growth rate of the economy. Further, a major portion of this market is in mobile devices and office automation, proving a point that a lot needs to happen in industrial and manufacturing markets. MP Divakar

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