1270 — World Semiconductor Market reaches $166B in 2003, says WSTS

Jun 1, 2004 | Conteúdos Em Ingles

According to the World Semiconductor Trade Statistics (WSTS), the world semiconductor market has reached a size of $166B in 2003, growing 18.3% over the previous year, and surpassing the initial forecast of $161B, turned public last October. For 2004 it is expected a 28.4% growth. 

The WSTS Committee said it has based its industry forecast on a scenario of sound inventory levels and growing demand in major application sectors within the environment of a generally recovering world economy. This scenario was suggested by the stronger momentum of recovery seen in 2003 4th quarter and the consistency and stability in market growth across all regions and major product lines, in 2004 initial months.

For the following years , it is forecasted a deceleration in growth to 8.5% in 2005, followed by virtually zero growth in 2006, and 10% growth in 2007.

WSTS noted that ‘while the forecasted semiconductor market growth cycle is smoother than previous cycles, the different regions and products maintain their historical patterns. That is, the memory product cycle is more pronounced than the other products and Asia Pacific continues to be the fastest growing region, due not only to a continuing shift in equipment production but also to rising internal demand in those countries. The growth of equipment production in Mainland China will help sustain faster than average growth in Asia throughout the forecasting period ‘.


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