News

6/7/2006  San Jose, CA -- The Semiconductor Industry Association (SIA) released an updated forecast projecting worldwide sales of semiconductors will grow by 9.8 percent to $249.6 billion in 2006. The forecast was revised upward from the November forecast projecting an increase of 7.9 percent to $245 billion. The SIA attributed the upward revision to stronger than expected growth in key end markets for semiconductors, most notably cell phones.

iSuppli has issued a forecast that global semiconductor sales will rise to US$255.7 billion in 2006, up 7.8% from US$237.2 billion in 2005. The previous forecast by iSuppli in June predicted global semiconductor sales would grow by 7.9% in 2006.

Consumer electronics devices are expected to fuel expected 6.8 percent growth, group says. The global semiconductor industry is set to enjoy three years of stable sales growth to reach $309 billion by the end of 2008, the Semiconductor Industry Association says.