11 May '11, 1pm

Global semiconductor industry to post sales of US$316b this year

SINGAPORE : The global semiconductor industry is set to grow 5 to 10 percent this year to hit sales of US$316 billion. It is coming in for a soft landing from a dizzying 32 percent growth last year, as the industry recovered from the 2009 financial crisis. This is according to SEMI, a global industry association, at a conference in Singapore. Demand for tablets and smartphones are still driving growth in the semicon industry as consumer confidence surge and electronic retailers ring up quick sales worldwide. Rod Morgan, Co-executive Officer, IM Flash Technologies, said: "With regard to tablets, we do anticipate over the next 3 to 5 years there will be a significant amount of growth, I think in 2010, there were somewhere around 20 million devices sold. And it is expected to be in 2011, somewhere around 200 million. So that's a significant growth." Despite the strong consume...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

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