Annual sales worldwide from fabless IC design to grow 3.4% in 2017, says TrendForce

Revenues worldwide from fabless IC design for 2016 are estimated at US$77.49 billion, a decline of 3.2% from 2015, according to TrendForce. But strong growth is expected in several application markets in 2017, such as automotive electronics. The global fabless IC design industry's annual sales revenue will grow again in 2017 by 3.4%, totaling around US$80.59 billion.

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