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Semiconductor Industry Assn. Cuts 2008 Chip Sales Forecast

June 11, 2008
by Eric Savitz
Blogger, Columnist, Barron's

Eric Savitz

The Semiconductor Industry Association today cut its forecast for 2008 worldwide chip sales growth to 4.3% from 7.7%, citing ongoing weakness in memory chip pricing. Sales ex-memory products are expected to grow 7.4%.

SIA projects 6.1% compound annual growth through 2011, with growth of 6.2% in 2009 and 8.4% in 2010.

SIA notes that PC sales are on pace to grow 10% this year, with cell phone units expected to grow 12%, flat-panel TV units expected to grow more than 29% and digital cameras projected to grow 11%.


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