Research firm iSuppli estimates global semiconductor revenue is set to total $279.7 billion this year, a 21.5 percent increase following some years of decline. Compared to last year the growth would represent a 21.5 percent rise, but compared to 2007's $273.4 billion it's an expansion of only 2.3 percent.
Global semiconductor revenue in 2010 is set to amount to $279.7 billion, iSuppli predicts. While this represents a striking 21.5 percent rise from $230 billion in 2009, it amounts to only an 8 percent increase from $258.9 billion in 2008, and a scant 2.3 expansion compared to $273.4 billion in 2007.
With market conditions in 2009 dictated by macroeconomic factors that were independent of the technology business, comparisons with 2007 and 2008 provide a more accurate depiction of 2010 semiconductor market conditions, iSuppli believes.
“Amid double-digit growth in revenue, rising prices, supply constraints and soaring capital equipment purchases, enthusiasm over the semiconductor industry’s 2010 outlook has hit a fever pitch,” said Dale Ford, senior vide president, market intelligence services, for iSuppli. “However, conditions in 2010 appear so fantastic only in comparison of 2009. In reality, 2010 is likely to simply be a year when semiconductor industry growth on a sequential quarterly basis returns to a more normal pattern.”