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Markets for Semi-Insulating GaAs Epitaxial Substrates 2013 - 2018
Competing technologies and architectural changes in handset power amplifiers combined to stall demand in the GaAs epitaxial substrate market in 2013. We anticipate difficult times in this market as these factors and others will keep substrate demand below historical growth levels through the forecast period. Slowing demand and price erosion will drop the total GaAs epitaxial revenue from an estimated $523.0 million in 2013 to $393.3 million in 2018.