Industry | 2009.09.03
STRATEGY ANALYTICS: Slower Recovery for GaAs Industry
BOSTON--(BUSINESS WIRE)--The global economic meltdown slowed year-on-year GaAs industry growth from its previous forecast of 9% down to 6% in 2008. With the market projected to contract again 5% year-on-year in 2009, gains made in 2008 will be effectively wiped out and the GaAs industry is projected to generate revenues of $3.5 billion in 2009, according to the Strategy Analytics GaAs annual industry forecast and outlook for the GaAs (gallium arsenide) industry. “The GaAs industry effectiv
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