iSuppli Updates 2010 & 2011 Chip Revenue Forecasts

iSuppli Updates its 2010 and 2011 Chip Revenue Forecasts

Current iSuppli global semiconductor revenue growth forecasts:

• 2010: +32%
• 2011: +5.1%

21 Sept 2010:  Key excerpts from the article on iSuppli's web site titled "Amid Softening Demand and Rising Inventory, iSuppli Trims 2010 Chip Forecast"

• iSuppli now expects that revenue in the fourth quarter will decline by 0.3 percent compared to the third quarter, the first sequential decrease since the market collapse in the fourth quarter of 2008 and first quarter of 2009.
• With consumer demand slowing and inventories rising, the market research firm iSuppli Corp. is trimming its 2010 semiconductor revenue forecast to 32 percent, down from its previous outlook of 35.1 percent.
•  In terms of specific semiconductor products, the hottest items in 2010 will be DRAM, voltage regulators, LEDs, Programmable Logic Devices (PLDs) and data converters. Revenue for each of these products is projected to grow by more than 43 percent in 2010. DRAM will lead the group with 87 percent growth on the strength of the soaring PC market.
• ... based on its most recent analysis of the electronics supply chain, iSuppli expects the chip business to experience a soft landing in 2011 and not to suffer the kind of dramatic downturn seen in 2009. 
• Global semiconductor revenue in 2011 will rise by 5.1 percent, iSuppli predicts.