Smith & Associates | Semi Industry To Have Largest Rise In Its History This Year

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Semi Industry To Have Largest Rise In Its History This Year

Sunday, 01 August 2010 16:45

Read this week's issue - August 2, 2010

The semiconductor market is forecast to register the largest dollar volume increase in history - $72bn to reach $310bn, according to IC Insights.

The 2010 increase is expected to exceed the previous record high of $59bn, set in 2000, by 22%.

The $72bn increase in 2010 would equate to a growth rate of 30% over 2009. This 30% jump would be the sixth largest in the past 32 years and the highest since the 37% increase 10 years ago in 2000.

A large percentage of the $72bn 2010 semiconductor market increase is forecast to be quickly converted into a rush of capital spending by the semiconductor producers.

Read more in the July 28, 2010 Electronics Weekly "Semi Industry To Have Largest Rise In Its History This Year"

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