3G/LTE baseband market grew 892% last year
Keywords:GPS chip? 3G/LTE? digital baseband? smartphone? MEMS?
Although digital basebands, application processors and com-processors (basebands paired with application processors) accounted for almost a third (31 per cent) of the market, there are many other rapidly growing chips that serve this market.

Cellular handset & tablet component market: $59 billion in 2012 (excluding memory). Source: Forward Concepts.
From a revenue growth standpoint, GPS chips grew 87 per cent to the $779 million level, thanks to 100 per cent take-up in the smartphone market in 2012. But MEMS of several types experienced 64 per cent growth to $3.9 billion last year, added the market research firm.
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