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Research firm Forward Concepts projected worldwide revenue from w...

Research firm Forward Concepts projected worldwide revenue from wireless local area network (WLAN) market would reach $2.6 billion in 2002, up 50% from 2001. Report predicted rise even though average equipment prices dropped 28% in year. In WLAN chip…

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market, revenue was projected to increase 43% to $364 million, although overall average selling prices for those products dropped 31%. Study said market for 802.11a products in 5-GHz range would have “a very short life,” making way for devices that combined 802.11ab and 802.11ag. Market for 802.11b products in 2.4-GHz range is expected to continue to be “major market” due to its lower power consumption for portable devices such as small PCs.