Semiconductor Industry Assn. Cuts 2008 Chip Sales Forecast

June 11, 2008 at 11:06 am PT

The Semiconductor Industry Association today cut its forecast for 2008 worldwide chip sales growth to 4.3% from 7.7%, citing ongoing weakness in memory chip pricing. Sales ex-memory products are expected to grow 7.4%.

SIA projects 6.1% compound annual growth through 2011, with growth of 6.2% in 2009 and 8.4% in 2010.

SIA notes that PC sales are on pace to grow 10% this year, with cell phone units expected to grow 12%, flat-panel TV units expected to grow more than 29% and digital cameras projected to grow 11%.

Read the rest of this post

Tagged with: Barrons, cellphone, digital cameras, Eric Savitz, frontpage, PC, Semiconductor Industry Association, Tech Trader Daily

comments so far. Add yours.

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Web Sites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other Web sites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Voices is edited by Beth Callaghan.