Seven years after the semiconductor industry suffered its worst recession ever, discrete semiconductors are on the verge of becoming the last major semiconductor market category to fully recover from the 2001 downturn. Discrete product revenue is forecast to grow 7% in 2008 and reach a new record high of $18.0 billion in 2008 to surpass the previous high mark of $17.6 billion in 2000, according to researcher IC Insights.