Strong Demand Ahead for PV Inverter ICs
El Segundo, Calif. – The photovoltaic (PV) inverter market is expected to drive semiconductor growth, particularly for discrete and analog semiconductors, over the next three years, according to a new IHS report. Revenue from semiconductors used in PV inverters increased by nine percent in 2014, reaching $386.1 million. IHS forecasts the PV inverter semiconductor market to…