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EL SEGUNDO, Calif.
Because of their capability to save energy and to improve the efficiency of electrical grids, power utilities are expected to rapidly adopt smart electricity meters, causing global shipments to triple from 2011 to 2016—and spurring the doubling of the associated semiconductor market during the same period.
Worldwide smart meter shipments are set to rise to 62 million units in 2016, up from 20.5 million in 2011, according to the
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