Gartner Downgrades Semi Forecast
Published: 16 December 2008
by Mike Buetow
NEW YORK – Research firm Gartner Group today sharply lowered its global semiconductor revenue outlook, saying the market would fall 16.3% in 2009 to $219.2 billion.
Last month, company guided for a 2.2% drop next year.
Semiconductor revenue is expected to drop 4.4% overall in 2008 on a fourth-quarter plunge of 24.4%.
If Gartner proves correct, it would be the first time the market fell in consecutive years.
Gartner forecasts a recovery in 2010 and 2011, with upticks of 14.6% and 9.4% respectively.
Press Releases
- Indium Corporation Experts to Present on High-Temperature, Lead-Free Solder Paste and High Reliability Liquid Metal Alloys Poster at ECTC
- Altus Adds PVA's Game Changing PathMaster X Software to Portfolio
- TRI Opens New Manufacturing Facility
- ROCKA Solutions Set to Rock the SMTA Expos in June with Cutting-Edge SMT Production Supplies!