2008 was forecast to be a good growth year, until external events in worldwide financial markets overtook the SIP market. The SIP industry was not immune to the market forces unleashed in 2008, declining 21.9% in 2009. However, the recovery which arrived in the second half of 2009 prevented the 3rd Party SIP from declining at an even steeper rate. It is Semico’s view that the SIP market will continue to perform at rates comparable to other semiconductor markets, with 17.1% growth in 2010.