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July 16th, 2004
MEMS update: 2004 likely to be banner year
The first half of 2004 is looking a lot like the last half of 2003 for the MEMS industry, only better. If trends continue, 2004 will be a banner year, or in the very least, an interesting successor to 2003. Although 2003 didn’t start off that great, it ended quite well. Year-to-year revenues were up 35.7 percent in 2003 from 2002, with much of that occurring in the last half of 2003. In fact, there was a discernable surge in customer activity in the fourth quarter, which has continued through the first half of 2004.
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