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.
Friday, November 5, 2010
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