Consumer electronics is becoming the largest single driver of the semiconductor industry. Consumer Electronics are semiconductor devices that are incorporated into products, which are purchased by individual consumers, such as desktop & laptop computers, home networking, printers, audio-visual entertainment, cell phones, MP3 players, cameras and automobiles.
Factory Sales of Consumer Electronics has increased from $95.9 billion in 2000 to $140 billion in 2006. Demographics for consumer electronics markets are also changing. The market for electronic products, traditionally a Japanese, North American and Western European domain, now encompasses the whole of the Asian rim, China, Eastern Europe and India - a middle class market growth from 500 million to three billion people.