Global Chip Sales to Reach Record Levels

According to a new report from iSuppli, analyst are predicting record semiconductor sales growth this year which could carry over into (and through) 2011. Then again, these are all just educated guesses, things could all go to hell in a hand basket too, who really knows.

"The semiconductor market already was in for beefy growth in 2010 because of strong consumer demand for electronic products," Dale Ford, senior vice president for iSuppli, said in a statement. "However, it's now apparent that semiconductor sales are getting an infusion of growth hormone in 2010 because of a number of factors, including rising prices, inventory buildups, and richer chip content in key electronic products like smartphones and advanced LCD-TVs. All this is causing chip revenue to bulge to awesome dimensions this year."

Comments