Global chip sales headed for tough times in 2005

Posted on Thursday, November 04 2004 @ 22:16 CET by Thomas De Maesschalck
Next year will be a tough year for semiconductor makers, as global chip sales are expected to be flat compared with 2004, according to a prominent industry group and industry analysts.

Global semiconductor sales in 2005 will total $215.3 billion, up 1.2 percent from 2004 sales of $212.8 billion, according to a forecast released this week by World Semiconductor Trade Statistics (WSTS), an industry group that tracks global chip sales. That would be a fraction of the 27.8 percent increase in chip sales WSTS predicted for this year, and sharply lower than the group's previous estimate for 2005 of 8.5 percent growth, made in May.

More info at InfoWorld

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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