iSuppli reduces 2010 chip forecast
iSuppli has trimmed its 2010 semiconductor revenue forecast to 32%, down from its previous outlook of 35.1%.
The market research firm states that global semiconductor sales are expected to amount to $302billion in 2010, up from $228bn in 2009. Despite the reduced outlook, it forecasts that 2010 will still be a year of impressive growth and record setting revenue for the semiconductor industry.
According to iSuppli's semiconductor industry analysis, revenue in 2010 will rise by about $74bn compared to 2009 and be almost $28bn higher than 2007, the previous last peak year for semiconductor revenue.
iSuppli now expects that revenue in the fourth quarter will decline by 0.3% compared to the third quarter, the first sequential decrease since the market collapse in the fourth quarter of 2008 and first quarter of 2009.
