Chip market to contract 21.3% in 2009, says SIA

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Chip market to contract 21.3% in 2009, says SIA

Peter Clarke
EE Times Europe
06/05/2009 11:12 AM

LONDON — The Semiconductor Industry Association (SIA) has released its annual mid-year forecast and is projecting worldwide sales of $195.6 billion for 2009, a decline of 21.3 percent from sales of $248.6 billion in 2008.

The SIA projects that sales will begin to rebound in 2010, with year-on-year growth of 6.5 percent to $208.3 billion, followed by 6.5 percent growth in 2011 to $221.9 billion.

The figures differ slightly from those of World Semiconductor Trade Statistics, the body from SIA's historical numbers are derived.

Related links and articles:

WSTS sees return to semis growth in Q1, 2010 (21.6 percent decline in 2009)

Gartner bumps up 2009 worldwide chip sales forecast (22.4 percent decline)

Analyst predicts 26 percent chip market contraction in 2009

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