Application Specific Integrated Circuit (ASIC) Market - Vast Usage of Application Specific Integrated Circuits Boosting Market Growth

Albany, NY -- (SBWIRE) -- 03/28/2018 -- Application specific integrated circuits are a type of tailor made integrated circuits that are meant and designed for a particular use or application. Conventionally, the design of such kind of circuits are taken up for a product that is going to be mass produced or will have huge volumes in production. The application specific integrated circuits may contain a majority portion of the electronics required on a single integrated circuit. Since the cost of application specific integrated circuits is high, they are only meant for products that are being produced on a large scale.