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New Applications Will Spur MEMS Growth

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SCOTTSDALE, Ariz., July 1 -- Sales of optical microelectromechanical systems (MEMS) into segments other than telecommunications are forecast to grow at a compound annual growth rate of 15.8 percent over the next five years, according to a report by market research firm In-Stat/MDR. "Even though the bursting of the telecom bubble has greatly diminished commercial expectation for optical MEMS, the technology has found significant traction in an increasing number of applications, from LASIK eye surgery to the Oscars," the company said. "Optical MEMS are well-suited to products that demand...Read full article

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    Published: July 2003
    CommunicationsConsumerIn-Stat/MDRMEMSNews & Featuresoptical MEMSoptical microelectromechanical systemstelecommunications

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