Baltimore, MD (Vocus/PRWEB) February 17, 2011
What can save your life in an auto accident, make it possible to swing a bat with a Nintendo Wii remote and roll the dice on an iPhone when you shake it?
A remarkably powerful microchip technology called Micro Electronic Mechanical Systems (MEMS).
This technology spent 20 years as a humdrum subset of the industrial microchip business – until its consumer-product potential was realized when Apple Inc. made it a centerpiece of the must-have iPhone.
Now, with sales of smartphones and tablet computers taking off, these tiny devices are in high demand.
Revenue for manufacturers of MEMS chips rose 18.3% year-over-year in 2010, and is expected to increase 9.5% in 2011, according to market research firm iSuppli Corp. iSuppli expects annual revenue will rise to $10.81 billion by 2014. That’s nearly twice the $5.97 billion recorded in 2009 and well above the 5.1% growth expected for the semiconductor industry as a whole.
Of course, many companies design and manufacture MEMS chips, but only a select few will see their profits rise substantially as a result of increased demand for high-end electronics.
And one specific stock packs promising profit punch.
In fact, this company’s technology was so crucial to the success of the iPhone and iPad that buying its stock would be like owning “B” shares in Apple.
In its analysis, Money Morning looks not just at this high-flyer, but at four specific companies that could be in line to snatch up the majority of MEMS market share.
To find out more about those companies, as well as the growing market for MEMS, check out iPhone Technology: It’s like buying “B” shares in Apple Inc.
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