Geneva Auto Show 2014 Revs Up Semi Opportunities in Auto
March 6th was the public opening of the 84th International Geneva Motor Show after two days of media and industry viewing. The show opens this week in the midst of a five-month run of positive economic events for Europe, which has been mired in recession and economic troubles for the past few years. This continued positive climb has EU automakers feeling more positive about growth in 2014, although there is still a ways to go to return to what could be considered real growth. These economic notes spell growth for the semiconductor and electronics industry.
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Numbers for Semi Show Growth Holding
2013 gave us the rebound from 2012 and previous years' troubling numbers for sales and revenue in the semiconductor and electronics industry. During the years since the global economic recession, we experienced a bumpy road with quite a bit of hesitation and lack of confidence from enterprise and consumers alike. That sentiment held the industry in pause mode and slowed growth hopes, stalling momentum and slashing hardware budgets. Meanwhile, smart wireless device (SWD) boosted the industry numbers, favoring mature market, early adopters and higher-tiered smartphone and tablet devices.
Read more: Numbers for Semi Show Growth Holding