iSuppli: IC sales to rise 10.6% this year.EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , CA -- The good news: 2007 will represent the peak year for the semiconductor industry's present growth cycle, with double-digit dou·ble-dig·it adj. Being between 10 and 99 percent: double-digit inflation. growth expected. The bad news: Due to changing business dynamics, growth will amount to "only" 10.6%--far below historical market peaks. Worldwide semiconductor sales will reach $285.8 billion in 2007, up 10.6% from 2006, says research firm iSuppli (isuppli.com). Sales grew 9% in 2006, the firm says. In 2008 growth will slip to 8.7%, and then bottom at 3.7% in 2009, before bouncing back to 7.4% in 2010. While past expansions have seen up to 40% growth, the mild peak comes with a benefit: Global semiconductor revenue is not expected to suffer a contraction contraction, in physics contraction, in physics: see expansion. contraction, in grammar contraction, in writing: see abbreviation. contraction - reduction during the present cycle, the firm projects. |
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