Featured Story: 2010 to see 17% jump in semiconductor industry revenue, Databeans estimates

Monday, 27 April 2009 13:06

Databeans today became the most recent market research company to release a somewhat optimistic view of the semiconductor industry's growth potential over the next few years.

Admitting that the chip market slipped 3% year over year in 2008 to $248.6 billion in sales and forecasting it will in 2009 record revenue of just more than $200 billion -- which was the approximate size of the market nine years ago in 2000 -- the company said that this downturn will be much different than the fall of 2001.

"While this industry recession shows some similarities to the one that occurred in 2001, when semiconductor sales plummeted by 32.5% and took nearly three years to return to 2000 levels, Databeans believes this crisis will be far shorter lived," the company said in a statement. "The primary difference is that the unprecedented growth that occurred between 1999 and 2000 caused such overcompensation in production that the following recovery followed a 'bathtub effect' or a rather long and flat stabilization to return to previous profits."

Read more in the April 20, 2009 EDN

"2010 to see 17% jump in semiconductor industry revenue, Databeans estimates "

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