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Semiconductor market generates $141B in '02

Posted: 05 Jun 2003 ?? ?Print Version ?Bookmark and Share

Keywords:world semiconductor trade statistics? wsts? semiconductor?

According to the World Semiconductor Trade Statistics (WSTS), the world semiconductor market reached a size of $141B in 2002. This is slightly below WSTS' earlier forecast of $142B.

WSTS said that the Q1 value of 2003 remained somewhat below former expectations. Apart from acknowledging a certain delay in recovery of the market the participants to the WSTS meeting confirmed the earlier growth expectations for the remainder of 2003 and the following years.

Particularly the Asia-Pacific region, which was assumed to be the driving force for a recovery of the semiconductor market, appears hampered due to SARS and its detrimental effects on general economy, the WSTS reported.

The current forecast implied that SARS would be contained by the end of Q3 2003. All regions are expected to experience positive growth in 2003 with worldwide semiconductor industry growth of 11.5 percent. The WSTS predicts that sensors, DSPs, and Flash EEPROMs will show the highest growth rates in 2003, well above 25 percent, while all other products are expected to be closer to or below the overall market growth rate.

WSTS further projects the year 2004 to be the year of peak growth (18.4 percent) and expects a deceleration of semiconductor market growth thereafter, with growth rates of 7.9 percent for 2005 and 3.7 percent for 2006. The market size in 2006 is also seen to end up well above the peak year of 2000.

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