SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (8400)12/30/2003 8:19:29 AM
From: Proud_Infidel  Respond to of 25522
 
World Semiconductor Industry To Grow 18% In 2004 - IDC
Tuesday December 30, 1:07 am ET

HONG KONG -(Dow Jones)- The global semiconductor industry is expected to grow by 18% next year on the back of double-digit growth in both personal computer and mobile phone shipments, market research firm IDC said Tuesday.

From this year to 2008, IDC predicts that the semiconductor market will grow at a compound annual growth rate of 12.5%, with revenue rising from US$160 billion this year to US$282 billion in 2008.

China, the world's largest consumer of mobile phones and second largest consumer of PCs, will continue to drive mobile phone semiconductor and PC semiconductor growth.

Mainland Chinese semiconductor demand currently represents over one quarter of the US$60 billion total for Asia Pacific and will account for almost half of the entire region by the end of 2008, IDC's Vice President of semiconductor research Mario Morales said in a statement.

Thanks to China, the Asia Pacific region is becoming the dominant region for PC and mobile phone demand and production, the research firm added.