Mobile applications bright spot in consumer electronic market slow

Posted by DigiTimes

With growth in the overall consumer-electronics equipment and related semiconductor markets undergoing a significant slowdown, industry players need to focus on fast-expanding mobile applications, particularly personal media players/MP3 players (PMP/MP3 players), according to research firm iSuppli.Chris Crotty, senior analyst for iSuppli, noted that the OEM factory revenue compound annual growth rate (CAGR) for all types of consumer electronics products will slow to 3.6% for the period from 2007 through 2011, down from 8.9% from 2001 through 2006.

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