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In-Stat predicts 7.9% growth for IC revenue in '07

Posted: 20 Apr 2007     Print Version  Bookmark and Share

Keywords:worldwide semiconductor revenue  2007 IC forecast  worldwide IC market 

In-Stat Inc. projects worldwide semiconductor revenue to grow by 7.9 per cent in 2007 to Rs.1, 176,120 crore ($267.3 billion). The data contradicts the outlook of Insights Inc. and Semico Research Corp. which lowered their IC forecasts.

''After five consecutive years of revenue growth that brought worldwide semiconductor revenue to a record Rs. 1,089,880 crore ($247.7 billion) in 2006, the cyclic history of the industry would suggest a reversal is overdue,'' reports In-Stat.

''But with an extended period of above-average worldwide GDP growth ahead, semiconductor revenue growth will continue in 2007 and 2008, followed by a mild average selling price-driven downturn in 2009, and a return to growth in 2010 and 2011,'' the high-tech market research firm says.

''Over the long term, we expect that the industry will continue to experience revenue cycles, but that the cycles will become less extreme than they have been in the past and the long-term compound annual growth rate will be slightly below 10 per cent,'' said Jim McGregor, In-Stat analyst.

- Mark Lapedus
EE Times

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