Auto ICs to grow 12.5% in 2021

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Automotive IC revenue is expected to grow from $18.67 billion in 2020 to $21 billion in 2021 – a 12.5% increase YoY, reports TrendForce. This is on the back of auto shipments of 83.5 million units in 2021. Examples of semi-auto partnerships pushing the tech are:  NXP and TSMC developing 5nm automotive processors; the automotive …

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