According to the report, China’s consumer electronics industry is expected to post $49.6 billion in sales revenue in 2004, growing by more than 20 percent annually to reach $94 billion in 2007. Manufacturers are shifting to high-end products to differentiate themselves from the low-end competition, as demonstrated by their integrated circuits (ICs) consumption. In 2003, unit sales of ICs for digital consumer products grew by more than 22 percent, but ICs for traditional products, such as electronic toys and watches, rose by less than 14 percent.

(August 30, 2004) San Jose, Calif.&#8212Intel Corp. announced today that it has achieved a milestone in shrinking the size of transistors that will power its next-generation chips. Specifically, the company has created a fully functional 70-mb memory chip with transistor switches measuring just 35 nm&#8212about 30% smaller than those found on today’s state-of-the-art chips.