While raising fuel efficiency standards to an industry average of 35.5 miles per gallon (mpg) will pose challenges for the automotive industry, it's just the type of problem that our industry can help solve and it will drive growth in a sagging auto electronics market right now.
There's a nice synergy found in coupling today's news with the U.S. Recovery Act's (ARRA) funding behind hybrid and electric vehicles, plus the existing legislation on the books in the U.S. and EU for increased safety standards that will significantly raise the number of electronic sensors, particularly MEMS, and other electronic components to meet the new 2012 and 2014 legislation deadlines, respectively. It looks like the automotive market drivers are getting back on track, especially for the growing MEMS sector.
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