27 July 2012 Demand for wireless drives ‘tepid’ increase in semi sales Global semiconductor revenues in 2012 are predicted to rise by 3% from last year's level to reach $320.8 billion, says IHS iSuppli. It says this increase is 'tepid' and adds performance of the wireless category is 'all the more remarkable' when compared to other semiconductor segments. "While most markets are struggling with slow growth or declines in 2012, the wireless segment continues to expand at a healthy pace, driven by strong sales gains for smartphones and media tablets," said Len Jelinek, director and chief analyst of semiconductor manufacturing at IHS. "Because of this, the growth of the semiconductor market in 2012 is not broad based and is only being driven by wireless. Semiconductor manufacturers should be cautious about engaging in any activities that do not support next generation wireless applications." Author Graham Pitcher Comment on this article Websites http://www.isuppli.com Companies iSuppli This material is protected by Findlay Media copyright See Terms and Conditions. One-off usage is permitted but bulk copying is not. For multiple copies contact the sales team. Enjoy this story? People who read this article also read... Arrow buys Nu Horizons Arrow is buying Nu Horizons in an all cash deal which values the ... Read Article Claire Jeffreys, NEW Claire Jeffreys, events director, National Electronics Week, ... Read Article Southern Manufacturing This year, Southern Manufacturing and Electronics is set to be ... Read Article NIDays 2013 NIDays is a technical conference designed specifically for ... Read Article What you think about this article: Add your comments Name Email Comments Your comments/feedback may be edited prior to publishing. Not all entries will be published. Please view our Terms and Conditions before leaving a comment.