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WSTS lowers semiconductor projections for 2008
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The spring semiconductor market forecast from WSTS shows a
significant decline in global IC sales expected in 2008, compared to
its last forecast issued in November last year. The WSTS now expects
the global semiconductor market to grow 4.7 percent on an annualized
basis to $267.7 billion in 2008, down 4.4 percent from its previous
forecast.
The revised figures were due to weaker than anticipated fourth quarter 2007 sales, according to the WSTS.
However,
the WSTS made only slight revisions to projections through 2010,
underlining a positive period of growth, though at lower levels.
"The
WSTS foresees a continuously growing demand for electronic products
such as PCs, digital consumer appliances, mobile communications, and
last but not least automotive electronics, enhanced by the increase of
semiconductor content per installed system." said Dr. Ulrich Schaefer,
Worldwide Chairman of WSTS. "These trends are expected to unfold in a
challenging, yet generally healthy world economy."
Overall
Year-on-Year growth through 2010 is expected to climb sequentially,
reaching 8.8 percent growth in 2010 from 4.7 in 2008.
The
Asia-Pacific region is expected to continue being the fastest growing
geographical area, due to the dynamics of both strongly rising domestic
demand and the continuing manufacturing shift to this region, the WSTS
said.
