Gartner Says Worldwide Semiconductor Revenue Declined $29 Billion in 2009

Semiconductor revenue declines in the first quarter made 2009 one of the worst in 25 years.

Gartner: The semiconductor industry will post a revenue decline for just the sixth time in the last 25 years, with worldwide revenue totaling $226 billion in 2009, an 11.4 percent decline from 2008, according to preliminary estimates by Gartner, Inc.

"Revenue dropped precipitously in the first quarter of 2009, continuing a deterioration which started in the last quarter of 2008," said Stephan Ohr, semiconductor research director at Gartner. "A small uptick, noted toward the end of the first quarter, led to significant quarter-over-quarter growth in the periods that followed."

However, 2009 still goes on record as one of the worst years for the semiconductor industry since the burst of the dot-com bubble in 2001 — and the first year the semiconductor industry posted declines two years in a row. Worldwide semiconductor revenues declined 4.4 percent in 2008, a consequence of the worldwide economic recession, which began in the fourth quarter.

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