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Friday, March 28, 2008

IC Insights Reports and Forecasts on Image Sensor Market

Semiconductor International: Rob Lineback, IC Insights senior analyst, says that the optoelectronics market is expected to grow by 10.4% in 2008 to $17.6B. In 2007, problems in the camera phone business were the major reason behind a 2% decline in the optoelectronics market overall and a “rare” 7% drop in the image sensor market.

“Micron Technology and STMicroelectronics both had bad years in the image sensor market because of changes in the camera phone market. We think in the second half of this year that image sensors will start to see a recovery. Video security, automotive and cameras built into personal computers will help that market,” he said.

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