China to be biggest chip market by 2008, says ST

November 16, 2004 | Source: Silicon Strategies

By 2008 the market for semiconductors in China will be the largest in the world at about $50 billion, aocording to STMicroelectronics estimates.

The eastern part of the globe will represent 66 percent of the market for semiconductors and the western part, Europe and the Americas, just 34 percent.