“Actual IC shipments tend to converge with underlying demand; therefore, we expect actual IC revenue to pick up slightly in the latter part of the first half and then taper off in the second half, following the reduction in demand, as indicated by our model,” says Rosa Luis, director of marketing and sales. “The restraint and vigilance resulting from the experience of the 2001 recession have saved the industry from repeating a similar collapse today.”

(January 26, 2005) Scottsdale, Ariz. &#8212 After two decades of development, and despite increased competition from alternative technologies and more companies developing lab-on-a-chip products, lab-on-a-chip technology finally appears to be making its mark within the MEMS industry, according to In-Stat (www.in-stat.com). Revenues of lab-on-a-chip devices are forecast to increase at a Compound Annual Growth Rate (CAGR) of 31.2% through 2008, with unit shipments nearly quadrupling over the same period.