The Channel logo


By | Joe Fay 9th June 2005 08:32

Chip sales to hit $226bn this year

SIA pumps up previous flat forecast

Chip sales are running better than expected this year, prompting the Semiconductor Industry Association to up its 2005 forecast.

The trade group now expects sales to grow 6 per cent this year to $226bn. Back in November it had forecast 2005 sales would be flat on 2004’s $213bn.

Growth should continue for the next few years, with the market hitting $246bn in 2006, $273bn in 2007 and $309bn in 2008. This represents 9.8 per cent compound growth.

First quarter sales had been better than expected, it said, with wireless and PCs among end markets that had been stronger than forecast. Energy prices are now less of a concern, excess inventory has been worked off, and economic growth has remained strong, the group said.

The SIA is also making a big bet on consumer electronics, citing figures from the Consumer Electronics Association which said household CE spending grew 11 per cent last year, and should do the same this year.®

Related stories

Chips hit squall in April
World chip sales continue to rise
Silicon Valley pleads for Federal aid

alert Send corrections


Frank Jennings

What do you do? Use manual typwriters or live in a Scottish croft? Our man advises
A rusty petrol pump at an abandoned gas station. Pic by Silvia B. Jakiello via shutterstock

Trevor Pott

Among other things, Active Directory needs an overhaul
Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella


League of gentlemen poster - Tubbs and Edward at the local shop. Copyright BBC
One reselling man tells his tale of woe