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Date Announced: 04 Nov 2010
Industry body predicts much slower growth after the 33% boom of 2010.
Washington, DC – November 4, 2010 – The Semiconductor Industry Association (SIA) today released its annual forecast of global semiconductor sales for 2010 through 2012, projecting record sales of $300.5 billion in 2010, an increase of 32.8%. The forecast calls for sales to grow by 6.0% in 2011, to $318.7 billion, followed by an increase of 3.4% to $329.7 billion in 2012. The projected compound annual growth rate is estimated to be 13.4% for the period 2009 through 2012.
“We experienced record sales this year due to strong global demand across a broad range of end markets,” said SIA President Brian Toohey. “We expect more moderate growth through 2012 as the economy recovers and consumer confidence restores,” Toohey concluded.
Source: SIA
E-mail: mailbox@sia-online.org
Web Site: www.sia-online.org
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