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WSTS: 2007 global chips sales better than expected

Posted: 15 Nov 2007 ?? ?Print Version ?Bookmark and Share

Keywords:global chip market? semiconductor? chip market? world semiconductor trade statistics?

The World Semiconductor Trade Statistics (WSTS) has increased its growth forecast for the global sales of semiconductors for 2007. According to the organization, global sales will increase by 3.8 percent this year, to $257.2 billion, revised upwards from its May forecast of 2.3 percent.

7The organization, which represents almost all chipmakers, has stuck to earlier projections for growth of 9.1 percent and 6.2 percent respectively for 2008 and 2009.

"The WSTS foresees a continuously growing demand for electronic products such as PCs, digital consumer appliances and mobile communications, enhanced by the increase of semiconductor content per installed system," said Toshio Ogawa, worldwide chairman of WSTS. "These trends are expected to unfold in a challenging, yet generally healthy world economy," Ogawa added.

In July, market research group Future Horizons revised downwards to 6 percent its estimated growth for global chip sales for 2007, to $222 billion, having forecast 11 percent growth in January and reiterated this estimate as late as May.

According to the WSTS, Europe is expected to see growth of 3.2 percent in 2007, up to $41.2 billion, while the Asia-Pacific will see a 7 percent increase, to reach $124.6 billion. The poorest performer in 2007 is expected to be the Americas, projected to fall by 4.7 percent this year to $42.8 billion, with Japan seen growing at 4.7 percent to $48.6 billion.

The situation is expected to change significantly next year, with WSTS suggesting Europe would see the strongest growth for the region in recent years, peaking in 2008 with 6.2 percent growth then falling only slightly with 5.4 percent growth projected in 2009.

The Asia-Pacific is again expected to see the fastest growth, increasing by 12.5 percent in 2008 before slowing in 2009 to 7.3 percent growth, all put down to strongly rising domestic demand and the continuing manufacturing shift to the region.

The Americas is seen bouncing back next year, with growth at 7.2 percent, and a healthy increase of 6.1 percent to follow.

The global market in 2009 is expected to reach $297.9 billion.

- John Walko
EE Times

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