News Article
IC sales to beat 2000?
The US Semiconductor Industry Association (SIA) has revised its predictions with a compound annual growth rate (CAGR) of 10.4% through to 2007. This year is expected to be above average at 28.6% resulting in world IC sales of $214bn. This beats the $204bn sales of the previous record year, 2000.
The US Semiconductor Industry Association (SIA) has revised its predictions with a compound annual growth rate (CAGR) of 10.4% through to 2007. This year is expected to be above average at 28.6% resulting in world IC sales of $214bn. This beats the $204bn sales of the previous record year, 2000.
Next year, growth is expected to be 4.2% and in 2006 sales are expected to fall by 0.8%. The year 2007 is expected to show a rebound to 11.7% growth with sales reaching $250bn.
"While this [compound] growth rate is lower than the historical growth rate of the past several decades, it represents very healthy growth for a $200bn-plus industry," comments SIA president George Scalise.
Regional market share for IC consumption is expected to reflect further moves to Asia Pacific, going from 40% now to 43% by 2007. The Americas is expected to lose share, going from 19% to 17%. Europe is expected to have a steady 20% share over the period. Japan is also forecast to maintain its IC consumption at 22%.
