IHS forecasts 11% rise in China automotive semiconductor market in 2014 due to safety and navigation features
Green Car Congress
FEBRUARY 26, 2014
China continues to be a place of rising automobile production and shipments. The replacement of midrange and high-end cars this year will drive the China chip market for automobiles. OEM navigation shipments, in comparison, trailed at 2.4 million last year, forecast to climb to $45.0 By 2017, revenue will reach $6.2
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