Featured Story: TV Chip Market to Grow to $13.9B in 2013

Monday, 22 June 2009 13:25

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Despite a major plunge in revenue in the first quarter and an expected decline for all of 2009, the market for semiconductors used in televisions is set to enjoy strong long-term growth due to the rise of LCDs and the continuous increases in the capabilities of sets, according to iSuppli Corp.

Global market revenue for semiconductors used in all types of televisions is projected to rise to $13.9 billion in 2013, up from $9 billion in 2008.

However, in 2009, global television semiconductor market revenue is expected to decline to $7.6 billion in 2009, down 15.4 percent from 2008. The 2009 decline is largely due to a weak first quarter when revenue dropped on a sequential basis for the second consecutive quarter to $1.55 billion, down 4.1 percent from $1.6 billion in the first quarter, and down a whopping 41.3 percent from $2.6 billion in the first quarter of 2008.

Nonetheless, following the first-quarter decline, global television semiconductor revenue will rise by more than 20 percent on a sequential basis during the second quarter, with continued growth expected in the third quarter as inventories are restocked leading into the seasonally stronger fourth quarter.

Read more in the June 22, 2009 EDN

"TV Chip Market to Grow to $13.9B in 2013 "

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