WSTS Semiconductor Market Forecast Autumn 2008
From the Autumn 2008 Forecast Meeting held in Kyoto, Japan, 4 to 7 November 2008.
WSTS Projects 2.5 percent global semiconductor growth in 2008Worldwide Chip Market to Grow 2.5 percent in 2008, -2.2 percent in 2009
The global semiconductor market is expected to grow 2.5 percent on an annualized basis to $261.9 billion in 2008, according to the autumn 2008 forecast of the World Semiconductor Trade Statistics (WSTS).
Projected growth in the worldwide semiconductor market will slightly decrease from 3.2 percent growth in 2007. The current projections for 2008 have been revised downwards by 0.7 percentage points compared to the forecast that WSTS had issued in May this year, mainly due to a weak expected 4th quarter 2008.
Due to the present worldwide economic situation it was also necessary to decrease the future expectations. We see now a negative growth of the semiconductor market in 2009 of -2.2 percent to $256B followed by a positive development of 6.5 percent in 2010 to $273B.
"The WSTS foresees a continuously growing demand for electronic products such as PCs, digital consumer appliances, mobile communications, and last but not least automotive electronics, enhanced by the increase of semiconductor content per installed system." said Dr. Ulrich Schaefer, Worldwide Chairman of WSTS. He continued, "These trends are expected to unfold in a challenging, yet generally healthy world economy. Although the present worldwide economic crisis will cause a reduction of sales in the next year, in the long run this positive trend will however continue."
The current forecast anticipates a positive growth from 2010 on, peaking in 2011. The Asia Pacific region continues to be the fastest growing geographical area, due to the dynamics of both strongly rising domestic demand and the continuing manufacturing shift to this region.
Contact
For further information please consult the WSTS Vice Chairman in your region(click on the name to initiate an email):
| In the Americas | Jae Ho Chang | Americas Vice Chairman | +1 (207) 775 8816 |
| In Europe | Rene Kautschitsch | Europe Vice Chairman | +33 (1) 58077763 |
| In Japan | Masahiro Ikuma | Japan Vice Chairman | +81 (3) 53223349 |
| In Asia Pacific | Gabriel Chou | Asia Pacific Vice Chairman | +886 (3) 5786688 x75459 |
| For the World | Dr. Ulrich Schaefer | World Chairman | +49 (7121) 352333 |
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