It appears as if the chip industry had a much better 2010 than 2009, as the global semiconductor business is estimated to have gained about $70 billion in sales last year.
Gartner reports that global chip sales surged to $299.4 billion.
"The industrywide upturn was due to the combination of pent-up demand that had built in the wake of the worldwide economic recession, and rebuilding of semiconductor inventories that were significantly depleted during the recession and early recovery," said Peter Middleton, principal analyst at Gartner.
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