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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Eurobum1 who wrote (22638)5/14/2001 5:52:52 AM
From: puborectalis  Respond to of 37746
 
Gartner Expects Gloomy Global Chip Market in 2001

SINGAPORE (Reuters) - Global semiconductor revenue grew by a record 32.5 percent to $226 billion in 2000 but the outlook for the industry this year is gloomy, research company Gartner Dataquest said on Monday.

Gartner believes the industry will exit 2001 at $188 billion, a 16.7 percent decline in revenue from the lofty levels of 2000.

Worldwide semiconductor revenue in 1999 was $170.7 billion.

Slow global recovery is anticipated in 2002 with revenues growing 13.2 percent to $213 billion, it said in a statement.

In the Asia Pacific region, the semiconductor market grew 33.1 percent in 2000 and achieved revenues of $57 billion. It continued to be the second largest chip-consuming region after North America last year.

Gartner did not provide 2001 revenue estimates for the Asia Pacific region.