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An increasing percentage of the world’s capacity is getting concentrated in the hands of the largest producers.
Quarterly revenue declines 7% but silicon microphones are expected to generate 50% growth this year.
The global haptic component market will be worth $4.8 billion by 2030, according to research firm IDTechEx.
The investments includes $400m strategic investments in the Agrate fab; and GaN and 200mm SiC wafer capacity.