Chip market rebound is coming, according to survey

Published:2012/12/17 2:32:00 Author:Ecco From:SeekIC

According to a global survey of semiconductor executives conducted by business consultancy KPMG, a chip market rebound will help the U.S. move head of China as the most important market for revenue.

The survey was conducted in September 2012 and the senior level executives polled were drawn from IDM, foundry and fabless chip companies.

The rebound projected to start in the second half of 2013, but 75 percent of the 152 executives polled said their companies’ revenue growth will increase in the next fiscal year, compared to 63 percent a year ago. Also, two-thirds expect their workforce to expand, up from just 48 percent in last year’s survey and 71 percent say annual industry profitability will increase over the next year.

KPMG said that Taiwan was ranked second, ahead of the U.S 2 years ago. But now the U.S. is growing in significance for the third year in a row, and fewer industry executives believe China will be the most important market for their company’s semiconductor revenue growth three years from now. Executives said the U.S. will be the most significant market, followed by China and Europe, South Korea and Taiwan.

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