( GPS ) receivers has increasingly become affordable to the masses

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(I-Newswire) - The use of Global positioning system ( GPS ) receivers has increasingly become affordable to the masses during the last 18 months, as these units are now available for less than $100.

A number of other recently studies conducted, worldwide, also examines the market for GPS integrated circuits ( ICs ). Though unit growth will be very strong in the GPS market, continued pricing pressure for ICs will temper overall revenue growth to about that of the overall equipment market.