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Europe is tops for chip sales

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Europe seems to be an important market for semiconductor suppliers right now. According to figures from the World Semiconductor Trade Statistics (WSTS) and published by the European Semiconductor Industry Association, the European market grew faster in dollar terms than the world as a whole in May. European semiconductor sales jumped by 10.1% in May on the back of strong growth in ...

3D printer will be big consumer product, says analyst

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The combined market value from consumer 3D Printer hardware sales and material spend is forecast to be worth $1bn by 2018, says analyst Juniper Research. In the short term the market looks less interesting, but longer term growth could be strong. Today, 3D printer shipments are at relatively low levels for mainly industrial and professional use, representing a limited opportunity in the ...

Survey finds firms undervalue engineers

Companies in the UK are placing greater importance on commercial activities and not the engineering function on which most businesses depend. This is despite efforts even at government level to raise the status of engineering in the economy. One of the key findings of a national salary survey carried out by Electronics Weekly is that design and development engineers on ...

Electric cars reinvented – $178.9bn market

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Global sale of hybrid and all-electric cars will triple to $178.9bn in 2024, according to market analyst IDTechEx. “Launches of production models of fuel cell cars are promised around 2015 by companies such as Hyundai, Toyota, Daimler and Tata Motors, bringing these centre stage to the contempt of competitors that consider them to be a dead end,” said IDTechEx. “New car ...

Car makers like stop-start supercapacitors

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Overall, 2014 is expected to be a great year for the supercapacitor industry. This is the prediction of technology market analyst IDTechEx which looked at last year’s industry results and estimated a 30% CAGR for the supercapacitor market in the next 10 years. The supercapacitor market will reach a value of $6bn in 2024. In an application segment such as ...

Femtocell boom predicted as prices fall

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The size of the global femtocell market was $304.8m in 2013, according to a new report by Allied Market Research. The report titled “Femtocell Market (Types, Technology, Applications and Geography) – Global Analysis, Trends & Forecast through 2020,” predicts the femtocell  market to be worth $3.7bn by 2020 A factor is the anticipated reduction in the cost of femtocell mini mobile ...

Cloud spending will hit $235bn in 2017

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As more businesses move their information technology services to the cloud revenues are predicted to increase three-fold from 2011 to 2017, according to market-watcher IHS Technology. Global business spending for infrastructure and services related to the cloud could be $174.2bn this year which will represent a 20% growth on 2013. By 2017, enterprise spending on the cloud is predicted to ...

IoT and 5G could be a wireless nightmare for operators

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Mobile operators are walking in to a ‘perfect storm’ of commercial and technology challenges, according to Real Wireless, the consultants behind the UK spectrum auction. This is the conclusion from new market analysis of the wireless industry in 2014 and beyond, from 5G to small cells, spectrum, backhaul and the internet-of-things (IoT). “We’ve found that mobile operators are facing a perfect storm of challenges ...

Technologies to be big in 2014

Will 2014 be the year of the solar-powered family saloon? Ford has a concept car, called C-MAX Solar Energi Concept, which was developed with Sun Power and Georgia Tech. Ford wants to find out if it will be a feasible product for production. The car is said to have a range of 620 miles including up to 21 electric-only miles. ...

Better broadband is better for economy than bigger airports, says survey

People in the UK believe that extending the geographic reach of superfast broadband is more important to the economy than increased airport capacity. A survey for the Institution of Engineering and Technology (IET) showed that just 17% of respondents thought that building new airports would benefit the UK economy while only 12% said that building extra runways at existing airports ...