Wireless market growth will be a highlight, according to HIS

Published:2012/7/31 21:50:00 Author:Ecco From:SeekIC

According to IHS iSuppli (El Segundo, Calif.), global semiconductor component revenue is expected to rise by 3 percent to $320.8 billion 2012. And the wireless market growth would be a highlight in an otherwise gloomy year.

IHS said that semiconductor component revenue in the wireless communications category for 2012 is projected to reach $72.6 billion with increasing 10.4 percent from $65.8 billion in 2011. Only one other category – industrial electronics, with anticipated revenue growth of 7.7 percent – will come close this year to approaching the expansion rate of the wireless segment.

Semiconductor revenue will grow 0.7 percent in cable communications, by 1.3 percent in consumer electronics and by 2.7 percent in automotive electronics. Two industries markets will contract in 2012 – by 1.9 percent in data processing and by 17.9 percent in memory multichip packages (MCP).

However, the global economic performance in the summer will decide the strength and longevity of the ongoing growth cycle. Consumer expenditure is being watched closely for indicators of whether people are willing to spend in the coming holiday buying season. For the rest time of 2012, inventory management will remain the most critical index for the semiconductor market.

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