1/11/2002 - According to recent research conducted by Venture Development Corporation, the global wireless LAN integrated circuit (IC) market exceeded $225 million in 2001 and is forecast to grow by 25% annually to almost reach $550 million by 2005. Anticipating dynamic growth opportunities, several established semiconductor suppliers as well as fab-less start-ups have recently entered or are about to enter the market. However, given the nature of a standards-based competitive environment, it is unlikely that the market will support all current and emerging participants.
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