Analyst: Chip-revenue boost will spur acquisition activity

Increasing semiconductor revenue is expected to drive more mergers and acquisitions this year, according to research firm IDC, which says about 40% of chipmakers it surveyed reported that they had revenue growth of more than 5% in 2011 compared with the previous year. IDC predicts 2012 growth for the semiconductor industry could be in the 6% range.

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IDC predicts more chip market consolidation this year -

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