31 Jul '13, 9am

Semiconductor revenues to rise 6.9% in 2013, says IDC - Digitimes

Semiconductor revenues to rise 6.9% in 2013, says IDC Jessie Shen, DIGITIMES, Taipei [Wednesday 31 July 2013] Semiconductor revenues worldwide are forecast to reach US$320 billion in 2013, up 6.9%, according to IDC. The research firm previously estimated a smaller 3.5% increase. IDC also forecast that semiconductor revenues will grow another 2.9% to US$329 billion in 2014, and log a CAGR of 4.2% from 2012-2017 reaching US$366 billion in 2017. Mobile phones and tablets will drive a significant portion of the semiconductor market growth in 2013, IDC said. In addition, despite continued weak demand for PCs, strong memory growth and higher ASPs in DRAM and NAND will have a positive impact on the semiconductor market, IDC indicated. IDC believes that semiconductor inventories decreased in the first half of 2013 and have come into balance with demand, with growth to resume in th...

Full article: http://www.digitimes.com/news/a20130731PR211.html

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