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GPS chipset shipments to approach one billion by 2012, says Future Horizons

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GPS chipset shipments to approach one billion by 2012, says Future Horizons

Between 2007 and 2012 GPS chipset shipments will grow from 286 million units to 938 million units per annum with a compound annual growth rate (CAGR) of 26.8%, according to market research firm Future Horizons. According to the firm’s 2008 semiconductor applications report, although units sales will continue to rise, chipset revenues will peak during this period as ASPs fall.

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