Automotive IC segment to show robust average annual growth but still hold less than a 10% share in 2024. Communications and Computer segments remain largest applications.

IC Insights released its June Update to the 2020 McClean Report earlier this month.  This Update included a 2018-2024 IC database that segmented the IC market by major product type including Consumer, Auto, Computer, Industrial, Communications, and Government/Military end-use applications in the Americas, Europe, Japan, China, and Asia-Pacific regions.
(more…)