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Wireless Chip market grows
Qualcomm in the lead
Wireless chip growth outpaced the overall chip market in 2007 and Qualcomm led the market with 24 percent chip revenue growth. It is the first time that Qualcomm has taken the lead. The market has been dominated by rival, Texas Instruments.
According to figures from technology researcher iSuppli, Wireless chip sales grew by 7.6 percent to $29.5 billion in 2007, compared with a 3.3 percent growth rate for the overall chip market. Qualcomm has been growing, thanks to sales of chips used in high-end phones with fast Web links; TI has been losing ground to rivals such as STMicroelectronics.