Growth forecast down for global semicon industry?
August 2, 2011
There are two different sets of predictions about the global semiconductor industry. First, IC Insights lowered its growth forecast for 2011 from 10 percent to 5 percent and the 2011 IC market forecast from 10 percent to 4 percent. Following this, the Semiconductor Industry Association (SIA), announced that global sales of semiconductors were $24.7 billion for June 2011, a 1.5 percent decrease from the prior month when sales were $25 billion and 0.5 percent decrease from a year ago.
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