Gartner sees 15% chip market growth in 2005, says report
By Peter Clarke
Silicon Strategies
06/02/2004, 9:09 AM ET
siliconstrategies.com
LONDON -- Research group Gartner Inc. said Wednesday (June 2) that the worldwide semiconductor market would grow by 15 percent over its 2004 value after beating 25 percent growth in 2004, according to a Reuters report.
Gartner's prediction is at odds with that of industry data collection organization World Semiconductor Trade Statistics, which Tuesday predicted a 28.4 percent growth year in 2004 followed by just 8.5 percent growth in 2005.
According to Gartner global chip demand will grow 69 percent over the next five years to $299.3 billion in 2008, up from $177.2 billion in 2003, the report said, referencing Richard Gordon, Gartner's research vice president, as its source.
"I think the market -- I know the market -- is recovering very strongly in 2004. I guarantee you we'll see growth in excess of 25 percent this year," the report quoted Gordon as saying.
Gartner had said that 2004 chip market would show 22.6 percent growth from 2003, or possibly in excess of 30 percent growth, in February 2004 and in November 2003 Gartner had said the 2004 market would be up 20 percent over 2003.
"2005 is a bit more of a tricky forecast because I think it is going to be a transition year between a high-growth era and a slightly slower growth era in 2006. But I think a 15 percent forecast is probably quite a sensible one for '05," the report quoted Gordon as saying.
Gartner's Gordon agreed with other prognosticators that 2006 would see overcapacity caused by capital spending that is taking place in 2004, but argued that demand would remain quite robust, the report said. |
