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Technology Stocks : Semi Equipment Analysis
SOXX 309.36+2.2%Dec 3 4:00 PM EST
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To: The Ox who wrote (10463)7/8/2003 9:50:22 AM
From: The Ox  Read Replies (1) of 95521
 
This is more in line with my expectations. Not as bullish as the VLSI predictions of 22.5% growth:

IC Insights lowers IC forecast, but ups unit outlook

By Mark LaPedus
Semiconductor Business News
(07/07/03 08:07 p.m. EST)

SCOTTSDALE, Ariz. -- IC Insights Inc. today (July 7) slightly lowered its semiconductor forecast for 2003, but it also raised its outlook for unit shipments for the year.

IC Insights originally projected that the worldwide semiconductor market would grow 15 percent in 2003 over 2002 (see Oct. 22, 2002 story ). But now, the Scottsdale-based research firm believes the market will reach $136.4 billion in terms of sales in 2003, a 13 percent growth rate over 2002.

Worldwide IC unit shipments are expected to reach 90.3 billion in 2003, surpassing the previous record of 86.5 billion registered in the boom year of 2000, according to a report from IC Insights.

IC units are expected to grow 15 percent in 2003 over 2002, according to the report. This is an increase of 4 percentage points from IC Insights' previous 2003 IC unit volume forecast of 11 percent growth.

Although IC unit volume shipments are forecast to set new records in 2003, IC dollar volume sales this year are still expected to fall far short of the all-time high of $176.9 billion set in 2000.

IC unit volume shipments are forecast to grow at 15 percent in 2004. IC Insights forecasts that 2004 IC unit volume shipments will exceed 100.0 billion to set another all-time record high.
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