Gartner Says Worldwide Semiconductor Revenue to Grow 31.5 Percent in 2010

©IDG Communications, Inc. Photo contributed by Matthew Mikaelian.

Gartner News Release, 9/1/10

Worldwide semiconductor revenue in 2010 is forecast to reach $300 billion, a 31.5 percent increase from 2009 revenue of $228 billion, according to the latest outlook by Gartner, Inc. Analysts project worldwide semiconductor revenue to total $314 billion in 2011, a 4.6 percent increase from 2010.

The projected 2010 revenue for the semiconductor industry has increased from Gartner’s forecast in the second quarter of 2010, when it expected worldwide semiconductor sales to grow 27.1 percent in 2010. However, analysts warned that while semiconductor revenue is still poised to hit record levels this year, second half growth is expected to be below seasonal norms as semiconductor sales align with electronic system sales.

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