Worldwide Semiconductor Revenue to Grow 20 Percent in 2010

Gartner says that worldwide semiconductor revenue will reach $276 billion this year, due largely to strong demand for consumer PCs.

Gartner: Gartner says that worldwide semiconductor will grow 19.9 percent over last year's totals to reach $276 billion. "We have seen clear evidence that the semiconductor industry is poised for strong growth in 2010," said Bryan Lewis, research vice president at Gartner. "While the semiconductor market declined 9.6 percent in 2009, sequential quarterly revenue growth was amazingly strong through the last three quarters of 2009. After the gloom early in the year, PC unit production growth actually turned out to be positive in 2009 and is expected to grow close to 20 percent in 2010, fueling strength in semiconductors."

Much of the growth will result from rising DRAM prices. In fact, DRAM revenue may rise as much as 55 percent for the year.

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