06 November 2012 Worldwide semiconductor market to top $300bn in 2012 The worldwide semiconductor market is forecast to reach $301billion in 2012 - up 0.4% over the previous year. World Semiconductor Trade Statistics (WSTS) has described the forecast as 'relatively weak', on account of the Asia Pacific region weighing down worldwide growth. A much healthier growth rate of 7.2% is predicted for 2013, however. Of all the regions, Europe is expected to see contraction next year due to the overall regional economy, while the Americas region could see healthier growth. Looking forward, WSTS forecasts that the worldwide semiconductor market will grow 7.2% to $322bn in 2013, followed by 4.4% growth to reach $336bn in 2014. Author Laura Hopperton Comment on this article Websites http://www.wsts.org/ 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... Alternative back-up power With outdoor events like concerts, events and festivals now ... Read Article NIDays 2013 NIDays is a technical conference designed specifically for ... Read Article Southern Manufacturing This year, Southern Manufacturing and Electronics is set to be ... Read Article Microcontrollers deliver ... Microchip has launched what it describes as the 'world's lowest ... 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.