Semi Sales Should Climb in H2, Analyst Says
EAST FISHKILL, NY -- A leading semiconductor analyst today provided a somewhat more optimistic forecast for the industry's sales over the next five quarters.
Cowan LRA's latest model for 2013 calls for a sales to jump 6.6% in the third quarter and 4.6% in the fourth, up from 2.3% growth in the first half.
Analyst Mike Cowan further predicts a 5.7% year-over-year uptick in 2014 sales. The 2014 figure is 10 basis points lower than last month's forecast, but higher than other forecasts such as IDC and SIA (2.1%).
The actual cumulative sales have show a turning point relative to last year's figures, Cowan said, in concert with the upward trend in the latest 2013 global semiconductor sales growth expectation as put forth by thee model.
Cowan uses a linear regression model that relies on the past 29 years of semiconductor sales and ignores any economic or emotional inputs.
