logo
  Join        Login             Stock Quote

Worldwide Semiconductor Revenue Seen Improving In 2013

 December 26, 2012 01:21 PM


(By Balachander) International Data Corp. (IDC) forecasts worldwide semiconductor revenue to improve in 2013 mainly driven by smartphones, tablets, set-top boxes and automotive electronics.

Semiconductor revenue will see nominal growth at less than 1 percent reaching $304 billion this year and improve by 4.9 percent to $319 billion in 2013, IDC said.

Weakness in PC demand coupled with continued global macroeconomic uncertainty and ongoing fear of fiscal cliff negotiations' impact on IT spending are affecting global semiconductor demand this year, IDC said.

However, IDC expects semiconductor revenue growth over the coming years helped by strong demand for smartphones, tablets, and automotive electronics in China, India, and Brazil.

[Related -Gold Stalls into $1,200 Target with Trade Planning]

In the U.S., 4G phones, tablets and e-readers, network infrastructure, and set-top box deployments will drive a healthy semiconductor growth cycle over the next five years, IDC said.

"Semiconductors for smartphones will see healthy revenue growth as appetite for data, multimedia processing, and multitasking will drive high-end smartphone demand in developed countries while an ongoing transition to 3G networks will accelerate smartphone adoption in developing regions," said Mali Venkatesan, research manager for Semiconductors at IDC.

IDC projects semiconductor revenue for 4G phones to grow 140.1 percent in 2013. Semiconductor revenue for the Consumer segment will record growth of 9.8 percent in 2013.

Asia/Pacific will continue to grow its share of semiconductor revenue, with growth of 5.5 percent in 2013, IDC said.

Advertisement

Advertisement


Post Comment -- Login is required to post message
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
 

rss feed

Latest Stories

article imageHas Warren Buffett Found The Best Investment In Oil?

Shares of oil stocks plunged again as the price of West Texas Intermediate wiped out nearly half of its read on...

article imageDemand For Safe-Haven Bonds Surged Last Week

The crowd piled into investment-grade bonds last week as economic worries triggered an exodus out of risky read on...

article imageThoughts on MetLife and AIG

In some ways, this is a boring time in insurance investing.  A lot of companies seem cheap on a book and/or read on...

article imageA 2016 Recession Would Be Different

If the US or the Eurozone entered a recession this year, a few macroeconomic variables would look very read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center

Related Articles:

The Return Of Crisis
More Articles on: Computer and Technology



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.