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WSTS pegs IC growth at 28 percent for |
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Feb 04, 2002 at 12:00 AM |
According to the World Semiconductor Trade Statistics (WSTS), the world
semiconductor market is expected to reach a size of $213B in 2004, an
increase of 28% over 2003, virtually unchanged from the last forecast
presented in May 2004 ($214B).
However, industry shipments growth rates in 3Q 2004 are suggesting an
earlier than expected deceleration in growth in the second half of
2004, compared to the May WSTS forecast. This
semiconductor industry slowdown is expected to extend into 2005 with
the WSTS currently projecting 1.2% growth, revised down from the May
WSTS forecast of 8.5%. The earlier than
anticipated deceleration in semiconductor market growth has lead to
expectations of a soft landing in 2005, thus moving the projected next
industry downturn closer to the present, but lessening its severity,
compared to the May WSTS forecast.
The WSTS forecast for 2006 semiconductor market growth is now
+3.0%, revised up from the May WSTS forecast of -0.7%, with gradual
gains in momentum leading to double-digit growth in 2007.
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