Research Firms See Global Semiconductor Growth In 2011

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

Dow Jones News Service, 12/9/10

A pair of research firms Thursday forecast the global semiconductor industry is poised to grow at a single-digit rate next year, albeit at a slower pace than what the sector has seen this year.

International Data Corp. forecast global semiconductor revenue will grow 9% on year in 2011 on top of a 23% expected increase this year, to $302 billion.

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