According to the latest report released by the market research company IHS iSuppli, global semiconductor revenue this year is expected to reach 312.8 billion U.S. dollars, an increase of 3.3% year-on-year.
IHS iSuppli said that semiconductor revenue this year is expected to grow to 312.8 billion US dollars. Compared to last year's 1.3% increase, this year's growth rate has been further improved.
However, IHS iSuppli believes that if the global economy recovers next year, the long-term revenue of the semiconductor industry will increase substantially, and the average growth rate from 2013 to 2015 will reach 6.6% to 7.9%.
IHS iSuppli said that as consumer spending on popular electronics during the shopping season last year decreased and industry demand slowed later in the year, chip demand remained weak until the second quarter.
The demand for memory chips will be even worse. This is more evident in the field of DRAM memory chips. According to IHS iSuppli, storage chip revenue this year will fall by 16% this year, which is lower than the nearly 27% drop of last year.
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