Gartner hikes 2010 chip market growth view to 27%
5:11am EDT
* hikes 2010 market growth view to 27 pct from 20 pct
* says manufacturing capacity tight
* sees small correction in H2
HELSINKI, June 3 (Reuters) - The global semiconductor market will grow 27 percent to $290 billion in 2010, boosted by strong recovery in PC and cellphone sales, research firm Gartner said on Thursday, raising its earlier 20 percent forecast.
"Sequential semiconductor growth has been very strong over the last five quarters, well above seasonal norms, and manufacturing capacity is tight," Bryan Lewis, research vice president at Gartner, said in a statement.
"Chip revenue growth is clearly outpacing system revenue growth, and that is a concern," he said.
Gartner said it expected market growth to slow somewhat in the second half of the year, saying it saw "a minor correction to realign semiconductor sales with electronic system sales". |
