Semiconductor revenue to fall 22 pct in 2009: Gartner

Worldwide semiconductor revenue is expected to decline by 22 percent this year, market research firm Gartner said Thursday.

Gartner said worldwide semiconductor revenue was forecast to reach 198 billion dollars in 2009 compared with 255 billion dollars last year.

The outlook is slightly better than Gartner's first quarter projections, when it forecast semiconductor revenue to decline by 24.1 percent in 2009.

"First quarter came in better than expected, which led to an improved outlook for ," said Gartner research vice president Bryan Lewis.

"But we believe most of this improvement was due to the fact that inventories had been run down too far, rather than true demand returning," Lewis said in a statement.

"We are expecting 4.9 percent growth in second quarter based on recent semiconductor company guidance," he said.

"While this is positive news, the is clearly not out of the woods, as there is minimal evidence that demand is returning, except in China."

(c) 2009 AFP


Explore further

Semiconductor revenue down 5 pct in 2008

Citation: Semiconductor revenue to fall 22 pct in 2009: Gartner (2009, May 28) retrieved 22 November 2019 from https://phys.org/news/2009-05-semiconductor-revenue-fall-pct-gartner.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
0 shares

Feedback to editors

User comments