Sales of industrial ICs  grew  3.8% year-on-year in 2016, to $43.5 billion, according to IHS Markit. Industrial electronics equipment demand was broad-based, with continued growth in commercial and military avionics, digital signage, network video surveillance, HVAC, smart meters, traction, PV inverters, LED lighting and various medical electronics such as cardiac equipment, hearing aids and imaging systems. ...

Read full article: Industrial semis grew 3.8% year-on-year