Semiconductor industry ‘back on track’
The worldwide semiconductor industry is on track for steady growth until 2015, according to the World Semiconductor Trade Statistics (WSTS).
The industry organisation says the market will reach $304billion in 2013, up 4.4% from 2012.
In keeping with findings published by IHS, WSTS also says the recovery has been driven largely by double digit growth in the memory market.
Looking ahead, the organisation expects the semiconductor industry to jump 4.1% to a record $317bn in 2014. For 2015, sales are expected to climb 3.4% to $328bn.
All product categories and regions are forecast to grow positively in each year.
