SIA, WSTS forecast flat chip sales in 2012

Published:2012/6/6 2:47:00 Author:Ecco From:SeekIC

The Semiconductor Industry Association (SIA) and World Semiconductor Trade Statistics (WSTS) group expect that chip sales will increase less than 1 percent in 2012.

WSTS said it held a spring 2012 forecast meeting with representatives from major semiconductor companies in Canada. The final consensus was that 2012 is expected to be relatively weak for chip sales, with the Asia Pacific region expected to weight down worldwide growth.

The WSTS forecasts that the chip sales will hit $301 billion this year with 0.4 raising percent from 2011. But the forecast calls for chip sales to grow 7.2 percent to reach $322 billion in 2013 and another 4.4 percent to $337 billion in 2014.

According to WSTS, Europe may also see chip sales decline for the second consecutive year due to overall regional economy. The Americas region is expected to show healthier growth.

The SIA also Tuesday (June 5) officially endorsed the World Semiconductor Trade Statistics (WSTS) organization’s spring 2012 global semiconductor sales forecast, which calls for growth of less than 1 percent in 2012 compared to 2011.

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