WASHINGTON, USA: The Semiconductor Industry Association (SIA) has released its annual forecast of global semiconductor sales for 2010 through 2012, projecting record sales of $300.5 billion in 2010, an increase of 32.8 percent.
The forecast calls for sales to grow by 6 percent in 2011, to $318.7 billion, followed by an increase of 3.4 percent to $329.7 billion in 2012. The projected CAGR is estimated to be 13.4 percent for the period 2009 through 2012.
“We experienced record sales this year due to strong global demand across a broad range of end markets,” said SIA president Brian Toohey. “We expect more moderate growth through 2012 as the economy recovers and consumer confidence restores,” Toohey concluded.