Gartner: Chip sales to jump 20 percent in 2010

Monday, 01 March 2010 15:04

Read this week's issue - March 9, 2010

Following a rough 2009, global sales of semiconductors are expected to rise nearly 20 percent this year, according to research released this week by Gartner.

Sales are projected to hit $276 billion this year, an increase of nearly 20 percent, compared with $231 billion last year. The boost in revenue will come courtesy of rising DRAM (dynamic random access memory) prices as well as greater consumer demand for personal computers. Commonly used in PCs, DRAM is likely to be the fastest growing type of chip, with DRAM sales alone shooting up 55 percent this year, according to Gartner.

The semiconductor market dropped almost 10 percent overall last year, but quarter-to-quarter revenue growth staged a robust recovery in the last three quarters, noted Gartner. PC production also increased during the year and is likely to grow around 20 percent this year, boosting chip demand.

Read more in the Feburary 26, 2010 CNET: "Gartner: Chip sales to jump 20 percent in 2010"

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