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Semiconductor market to pass $300 billion in 2010, says In-Stat |
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Apr 18, 2007 at 06:17 PM |
 Market research firm In-Stat has said that it expects the semiconductor industry to post revenue growth in 2007, 2008, 2010 and 2011, topping out at $300 billion in 2010. According to In-Stat, 2009 will be a down year due to a mild average selling price drop.
"Over the long term, we expect that the industry will continue to experience revenue cycles, but that the cycles will become less extreme than they have been in the past and the long-term compound annual growth rate will be slightly below 10 percent," says Jim McGregor, In-Stat analyst.
Worldwide semiconductor revenue is projected by In-Stat to grow 7.9 percent in 2007 to US$267.3 billion.
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