News
BANNOCKBURN, IL -- Some 29 representatives of US-based companies converged on Washington earlier this month, intent on explaining the circuit board fabrication and assembly industry to their legislators.
FUKUOKA, JAPAN – The World Semiconductor Trade Statistics forecasts the semiconductor market to grow 28.6% to $291 billion in 2010.
In 2009, the semiconductor industry was affected by the global economic crisis, down 9% to $226.3 billion. In 2010, the industry is recovering with revived enterprise and consumer spending, WSTS says.
The latest forecast is a more optimistic outlook for the year, with an increase of $44 billion over the fall forecast.
The industry is now expected to top $320.2 billion in 2012, with a three-year compound annual growth rate of 12.3% from 2009 to 2012.
In 2009, the semiconductor industry was affected by the global economic crisis, down 9% to $226.3 billion. In 2010, the industry is recovering with revived enterprise and consumer spending, WSTS says.
The latest forecast is a more optimistic outlook for the year, with an increase of $44 billion over the fall forecast.
The industry is now expected to top $320.2 billion in 2012, with a three-year compound annual growth rate of 12.3% from 2009 to 2012.
CHESTNUT HILL, MA -- Already battered by the recession, manufacturers are concerned a wave of retirements across their industry will saddle them with a shortage of qualified job applicants, huge training costs for new workers and the challenge of transferring job knowledge from one generation of workers to the next.
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