Chip revenue planned to soar
Poster: Aron Schatz
Posted on March 9, 2004 at 4:50:26 PM
Semiconductor sales are planned to surge in 2004. IDC plans 18% growth. That's pretty high.
Quote
Growth in 2004 will depend on factors beyond economic upturn and seasonal purchases, hinging on sales of PCs to both consumers and businesses, according to IDC. Semiconductor revenue in desktop and mobile segments will grow 18 percent to $53.6 billion in 2004, the research firm predicted. That will be the peak annual growth rate during the period from 2003 to 2008. The compound annual growth rate during the period is pegged at 7.8 percent, with revenue in the final year of that period set to come in at $66.1 billion.