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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."

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Graham Pitcher

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