Might as well say selling telephone tech helped the chinese military. Idiotic reporter
Benefiting from the electric vehicle market and the mature IGBT technology, the global IGBT market will grow at a compound annual rate of 9% during 2014-2020 and reach USD6.5 billion in 2020. The market share of IGBTs used for consumer and white goods will gradually decrease, while IGBTs for power grid, PV, uninterruptible power supply (UPS) as well as electric vehicle will be a major growth engine in the next five years.
Benefiting from the electric vehicle market and the mature IGBT technology, the global IGBT market will grow at a compound annual rate of 9% during 2014-2020 and reach USD6.5 billion in 2020. The market share of IGBTs used for consumer and white goods will gradually decrease, while IGBTs for power grid, PV, uninterruptible power supply (UPS) as well as electric vehicle will be a major growth engine in the next five years.