Sunday, May 09, 2010

#SEMICONDUCTORS Industry to Grow by Over 30 Percent in 2010!

The semiconductor industry will grow 30.6 percent in 2010, its revenue rising to $300.3 billion, up from $229.9 billion in 2009 according to iSuppli. Look for electronics to once again be a stellar performed in the coming decade. R.C.J.

The last time the global semiconductor industry achieved annual revenue growth greater than 30 percent was when Bill Clinton was president, Gladiator was topping the box office and the Dot-Com boom was so hot that the merger of AOL and Time Warner actually seemed like a good idea. Now, 10 years after the chip business’s whopping 36.7 percent expansion of 2000, the industry is expected to finally break the 30 percent barrier once again in 2010, with revenue set to rise to $300.3 billion, up 30.6 percent from $229.9 billion in 2009.
However, unlike the Internet-crazed spike in 2000, growth in chip sales this year will be driven by real fundamental supply/factors that slowly have been gaining momentum during the past 12 months.

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