MEMS Sales to Reach $1.5 Billion by 2005

Feb. 12, 2001
Sales of microelectromechanical systems (MEMS) for use in select consumer electronics segments will increase to more than $1.5 billion in 2005.

Cahners In-Stat Group (www.instat.com) forecasts that sales of microelectromechanical systems (MEMS) for use in select consumer electronics segments will increase from about $200 million in 2000 to more than $1.5 billion in 2005. MEMS are being integrated into a wide variety of consumer electronics products. MEMS will have a significant impact in digital TV and home theater products over the next five years. MEMS devices will have many uses in consumer electronics including motion/vibration sensing, fingerprint recognition, high-quality displays, mass storage, and signal switching.

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