Another chip survey proclaims $200bn sales in 2000
Trade body gives its upbeat market view
You wait all your for a chip survey then you get two of 'em. Yesterday we gave you Dataquest's line, today its the turn of the Semiconductor Industry Association (SIA).
Dataquest said there was industry gloom, the SIA says the market is strong, and there'll be growth in Q1 next year.
The SIA's report says worldwide semiconductor sales grew 28 per cent in November, largely spurred on by mobile phone demand.
Sales reached $18.28 billion for the month, up 28.4 per cent on November 1999. This put the industry on track to reach forecasted sales of $205 billion for the full year - an increase of 37.1 per cent over the previous year, and the first time annual sales will top $200 billion.
This figure is slightly less than Dataquest came up with yesterday. It reckoned worldwide revenues had hit $222.1 billion, but that's surveys and reports for you.
The Japanese market saw the largest growth in the year-to-date, up 38.9 per cent. The Asia Pacific market increased 20.9 per cent, the Americas 30 per cent and Europe 24.1 per cent.
Flash memory and other products used in mobile phones, Internet infrastructure and PDAs were among the semiconductor products seeing strongest growth.
The report said the outlook for the chip industry remained strong, and the first quarter of 2001 is expected to see a compound annual growth rate of 17 per cent. ®