Semi sales set for 2010 record.
LONDON -- September sales of semiconductors rose 20% worldwide
sequentially to $24 billion in the third quarter. Research firm Future
Horizons (futurehorizons.com) not only upped its 2009 forecast to a 10%
drop, from an earlier estimate of -14%, but it also said 2010 should
blow the doors off previous sales records.
It was the second straight quarter of sequential growth. Future
Horizons forecasts fourth-quarter growth of 5 to 7% and 2009 sales of
$220 billion to $225 billion.
The firm forecasts 2010 growth of 22% year-over-year, to a record
$272 billion, followed by additional growth in 2011.