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 -Searching For Solid Support In The Face Of Global Headwinds]

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.

iOnTheMarket Premium


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

rss feed

Latest Stories

article imageLong-term Relationships and Credit Scores

Unlike many commentators, I tend to think credit scores are a good read on...

article imageIn Defense Of Rolling Return Charts

Robeco’s Lukas Daalder has a bit of an issue with rolling-performance graphics. Bashing a recent chart of read on...

article imageThe S&P 500’s Worrisome Downturn In Drawdown

Last Friday I reviewed some of the bearish signals that were casting dark shadows across the US stock read on...

article imageADP: Private-Sector Employment Rises A Solid 200k In September

The pace of growth for private-sector employment picked up in September, according to this morning’s ADP read on...

Popular Articles

Daily Sector Scan
Partner Center

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.