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The SIA expects 28.5 percent IC |
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Feb 04, 2005 at 12:00 AM |
The Semiconductor Industry Association (SIA) today released its annual
forecast for 2004-2007, predicting record sales of $214 billion in 2004
followed by essentially flat sales in 2005.
The forecast projects that sales will grow by 6.3 percent in 2006 and
by 14.2 percent to $259 billion in 2007. According to the SIA,
projections of a less favorable supply-and-demand balance for memory
products will be the major factor in dampening industry expansion next
year. For the longer term, the new forecast projects a compound annual
growth rate of 11.8 percent through the forecast period.
Geographic Markets: Americas Market: The Americas market was $32.3 billion in
2003.
This market is projected to grow by 22.2 percent in 2004 to $39.5
billion; to decline by 4.5 percent to $37.7 billion in 2005; to grow by
4.2 percent to $39.9 billion in 2006; and to grow by
12.7 percent to $44.3 billion in 2007.
European Market: The European market was $32.3 billion in
2003. This market is projected to grow by 22.5 percent to $39.6 billion
in 2004; to remain flat at $39.6 billion in 2005; to grow by
5.3 percent to $41.7 billion in 2006; and to grow by 13.1 percent to $47.2 billion in 2007.
Japanese Market: The Japanese market was $38.9 billion in
2003. This market is projected to grow by 22.7 percent to $47.8 billion
in 2004; to grow by 0.2 percent to $47.9 billion in 2005;
to grow by 5.3 percent to $50.8 billion in 2006; and to grow by 12.5 percent to $57.1 billion in 2007.
Asia-Pacific Market: The Asia-Pacific market was $62.8
billion in 2003. This market is projected to grow by 38.3 percent to
$86.9 billion in 2004; to grow by 1.9 percent to $88.6 billion in 2005;
to grow by 7.7 percent to $95.4 billion in 2006; and to grow by 16.2 percent to $110.8 billion in 2007.
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