Chip sales to reach record levels in 2007

Worldwide revenues will hit US$285.8 billion this year as the industry reaches the peak in its growth cycle.

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By  Administrator Published  January 11, 2007

Market research firm ISuppli said that despite such high revenues expected this year, sales would only increase at a moderate 10.6%, well below historical market peaks.

But this, the research firm said, indicated that the peaks and troughs in the industry’s growth cycle were becoming less severe and companies would not suffer the kind of end-of-cycle plunge in sales they did in 2001 when the dot.com bubble burst.

The firm predicts the present growth cycle will slow in the coming years and by 2009 chip sales will increase at an annual rate of less than 4%, before bouncing back to 7.4% in 2010 as the cycle picked up.

ISuppli said that improved performance would mainly be down to a healthier market for electronic equipment.

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