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Gartner Inc. projects IC market to shrink in 2012

Posted: 16 Nov 2012 ?? ?Print Version ?Bookmark and Share

Keywords:global semiconductor market? growth figures? macroeconomic events? smartphones? solid-state drives?

Technology research firm Gartner Inc. has revised downwards its forecast for the global semiconductor market.

Gartner now sees the market in 2012 being worth $298 billion, a reduction in size of 3.0 per cent compared with a market worth $307 billion in 2011. For 2013 Gartner sees growth of 4.2 per cent taking the market to $310 billion.

As recently as 3Q12, Gartner was forecasting growth figures for 2012 and 2103 of 0.6 per cent and 6.9 per cent, respectively. That would have put the market size at $309 billion and $330 billion.

At a briefing held in Egham, England, Gartner presented data and commented in presentations that the industry is on thin Ice, macroeconomic events could derail growth in 2013 and two consumer centric applications (smartphones and solid-state drives) account for 40 per cent of 2013 growth.

- Peter Clarke
??EE Times

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