NEW YORK ( TheStreet) -- The Semiconductor Equipment and Materials International team expects impressive growth this year in the worldwide semiconductor market. This global association pegs growth at 5% to 10% in 2011 on $316 billion in sales. SEMI says most of this growth is based on surging demand for tablets and smartphones as well as rebounding consumer confidence. Tablet sales are likely to swell to 200 million devices sold in 2011 from 20 million in 2010.Meanwhile, global chip sales expanded 8.6% to $75.8 billion during the first quarter of 2011, driven by higher U.S. sales, according to the Semiconductor Industry Association, or SIA.
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