"We filled the vacancy the next day"
MEMS sector set for return to growth
The market for Microelectromechanical sensors (MEMS) is set to return to growth after a two-year slump, it has been revealed.
According to research from iSuppli, the "recession-proof performance" of the mobile phone and consumer electronics sectors will boost MEMS to near-record revenues of $6.54 billion (£4.3 billion).
It represents an 11.1 per cent rise on the previous year and suggests the market has put the dark days of 2009 behind it, when a 6.8 per cent decline was posted.
Furthermore, the growth is expected to continue for the foreseeable future, with the market research firm expecting revenues approaching $10 billion by 2014.
MEMS are used in inkjet printheads, accelerometers, pressure sensors and gyroscopes along with a host of other technologies.
It is anticipated that entirely new types of MEMS actuators will bring significant additional revenue for switches or varicaps and autofocus for camera phones.
By Daryl Clare
According to research from iSuppli, the "recession-proof performance" of the mobile phone and consumer electronics sectors will boost MEMS to near-record revenues of $6.54 billion (£4.3 billion).
It represents an 11.1 per cent rise on the previous year and suggests the market has put the dark days of 2009 behind it, when a 6.8 per cent decline was posted.
Furthermore, the growth is expected to continue for the foreseeable future, with the market research firm expecting revenues approaching $10 billion by 2014.
MEMS are used in inkjet printheads, accelerometers, pressure sensors and gyroscopes along with a host of other technologies.
It is anticipated that entirely new types of MEMS actuators will bring significant additional revenue for switches or varicaps and autofocus for camera phones.
By Daryl Clare