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Future Horizons expects rosier 2008 for semiconductor industry |
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Dec 06, 2007 at 05:33 PM |
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 Semiconductor market research firm Future Horizons expects the industry to do better in 2008 compared to this year based on slightly improved ASPs and double-digit unit growth. For 2008, Future Horizons expects 10 percent unit growth and a modest 2 percent increase in ASPs.
“The economists are not yet forecasting a global economic recession, and until they do, we are confident that 2008 will be a decidedly rosier year for the semiconductor industry,” remarked Malcolm Penn, Head Analyst at Future Horizons.
Penn described 2007 as rather disappointing, especially considering his initial up-beat growth figures for the year compared to other market research firms.
“It was a disastrous start to 2007 but thankfully the market fell in line with normal seasonal patterns by the start of the third quarter.” Penn continued. “Unfortunately, it has been a case of too little too late, hence our overall growth expectation for the year now in the disappointing 5-6 percent range.”
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