Semiconductor revenue worldwide will see improved growth this year of 6.9% and reaching US$320 billion according to the mid-year 2013 update of the "Semiconductor Applications Forecaster" (SAF) from International Data Corporation (IDC).
The SAF also forecasts that semiconductor revenues will grow 2.9% year over year in 2014 to $329 billion and log a compound annual growth rate (CAGR) of 4.2% from 2012-2017, reaching $366 billion in 2017, according to the research group (www.idc.com).
Continued global macroeconomic uncertainty from a slowdown in China, eurozone debt crisis and recession, Japan recession, and the U.S. sequester's impact on corporate IT spending are factors that could affect global semiconductor demand this year. Mobile phones and tablets will drive a significant portion of the growth in the semiconductor market this year.
The industry continued to see weakness in PC demand, but strong memory...| Read more »