Gartner: Semiconductor revenue could grow 10 percent next year

Posted on Thursday, Oct 08 2009 @ 02:31 CEST by Thomas De Maesschalck
Gartner analysts predict global semiconductor revenue could grow about ten percent in 2010 after two years of declines. Researchers believe new computers and feature-packed smartphones will help boost chip demand.
Semiconductor revenue is expected to reach $233 billion in 2010, up from $212 billion projected for 2009, which would represent a 17 percent annual fall, Gartner said on Tuesday.

The expected drop for this year was steeper than a 5.4 percent decline in 2008 but not as bad as the 22.4 percent slide Gartner estimated for 2009 three months ago.

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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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