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From EEtimes: MEMS markets could explode, but lower pricing could slow MEMS growth

Sunday, August 17th, 2008

Microelectromechanical system (MEMS) oscillators are replacing quartz crystals at a 120 percent annual growth rate, according to an industry forecast, or four times the growth rate forecast elsewhere. [The whole story]
Revenues for MEMS as a whole rose 5.8% in 2007 to $8.6 billion, and the outlook is mixed. Although revenues for micro-electro-mechanical systems (MEMS) reached record [...]