Industrial Electronics Chip Growth Surges

El Segundo, Calif. —The global market for industrial electronics semiconductors grew 11 percent in 2013, recovering from a five percent loss in 2012, according to IHS Technology (NYSE: IHS). Global industrial chip revenues increased from $30.4 billion in 2012 to $33.7 billion in 2013. Growth will continue over the next few years with industrial-related semiconductor revenue…