The Indian semiconductor industry is expected to grow by 12 to 15 per cent in 2011 while the global semiconductor industry would grow 6 to 8 per cent. According to Neeraj Paliwal, VP, MD and global manager for Design Services, Central R&D, NXP India, the trend in the semiconductor industry is now moving towards ‘society focused’ solutions that will benefit not one section of consumers, but the community as a whole. Smart grids and secure transactions are likely to be listed as the top applications in the near future.
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