The Semiconductor Industry Association (SIA) has said in its annual mid-year forecast that worldwide semiconductor sales would reach US$195.6 billion in 2009, a decline of 21.3% from sales of $248.6 billion in 2008. The WSTS had recently projected a market decline of 21.6% for 2009, reaching US$194.8 billion in sales.
The SIA is projecting that sales will begin to rebound in 2010, with year-on-year growth of 6.5% to $208.3 billion, followed by 6.5 percent growth in 2011 to $221.9 billion. However, the WSTS sees growth of 7.3% in 2010, reaching sales of US$209 billion.
The gap in growth projections by the two organizations remains for 2011. The WSTS expects sales to reach US$228 billion in 2011, a further rise of 8.9%. Typically, the SIA is perceived to project more optimistic forecasts than the more conservative WSTS.