Gartner Plans Further Reductions in 2007 Semiconductor Outlook
Published: 14 May 2007
by Staff
STAMFORD, CT – After reviewing the latest WSTS figures for the first quarter of 2007, Gartner Inc. believes that, with the seasonal fall in sales in the second quarter, a more pessimistic outlook for 2007 is warranted.
Gartner previously reduced growth projections to 6.4% in 2007. However, the WSTS figures indicate growth of between 1 and 2% should be expected, translating into annual sales of $250 billion.
The market research firm is expected to provide a revised forecast at the end of May.
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