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The World Semiconductor Trade Statistics (WSTS) organization’s Autumn 2011 global semiconductor sales forecast projects that semiconductor sales will grow to $302 billion this year, reaching the $300 billion level for the first time, representing a 1.3% growth over the record-breaking sales in 2010. Beyond 2011, the industry is on track to grow steadily and modestly according to the WSTS forecast. WSTS is predicting 3.7 percent growth for 2012 and 5.8 percent growth for 2013.

"The accelerating growth in semiconductor sales is good news for makers of all types of power conversion and energy storage products," stated Jeff Shepard, president of Darnell Group. "Makers of ac-dc power supplies, dc/dc converters, battery chargers, rechargeable batteries and all types of related components stand to benefit from this broad-based growth," Shepard concluded.

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