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Worldwide Semiconductor Revenue Grew 2.6 Per Cent in 2016, According to Final Results by Gartner

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Worldwide semiconductor revenue totalled $343.5 billion in 2016, a 2.6 per cent increase from 2015 revenue of $334.9 billion, according to final results by Gartner, Inc. The top 25 semiconductor vendors' combined revenue increased 10.5 per cent, a significantly better performance than the overall industry's growth; however, most of this growth resulted from merger and acquisition (M&A) activity.

"The semiconductor industry rebounded in 2016, with a weak start to the year, characterized by inventory correction, giving way to strengthening demand and an improving pricing environment in the second half," said James Hines research director at Gartner. "Worldwide semiconductor revenue growth
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