Semis Hope for Soft Landing
Chip sales to slow, maybe contract in 2019
January 8, 2019
HALF MOON BAY, Calif. — The semiconductor industry is expected to slow down and maybe even contract slightly this year, but analysts are hopeful of a soft landing once the sector navigates the bumps of a few big uncertainties ahead.
Gartner forecasts that chip revenue growth will slow to 2.6% this year. It expects a bounce back to 8.1% growth in 2020, followed by a 1.8% contraction in 2021 for an average of 5.6% growth in 2017–2022.
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