Global semiconductor revenues will surge in 2011 to reach $303 billion, research firm International Data Corporation (IDC) has suggested.
According to IDC, worldwide semiconductor revenues will grow five per cent year-over-year in 2012.
Furthermore, revenues will achieve a compound annual growth rate of six per cent for the 2010-2015 forecast period, infogrok.com has reported.
Mali Venkatesan, research manager of semiconductors at IDC, commented: "Overall, IDC continues to reaffirm the forecast and views expressed in its end-year SAF update published in December 2010.
"But, IDC also cautions that continued macroeconomic problems … and fear of high inflation in China, India, and Brazil, will likely impact semiconductor market negatively in 2012."
In the long-term, however, the research firm said that secular growth will remain strong.
Meanwhile, new research has suggested that global semiconductor capital-equipment spending will rise ten per cent in 2011.
Despite this estimate, technology research firm Gartner warned of a 2.6 per cent fall for next year due to a looming chip inventory correction and an oversupply of foundry capacity.
Posted by Andre Dixon