Gartner reviewed its semiconductor market forecast for year 2017, estimate to reach $400 B

Date: 11/07/2017
Gartner has reviewed semiconductor market forecast for year 2017. Gartner reviewed estimates predicts the worldwide semiconductor revenue to total $401.4 billion in 2017, up by 16.8% from 2016 exceeding $400 billion for 1st time. The semiconductor market reached the $300 billion in year 2010, and $200 billion in year 2000.

The demand for memory is the reason. Memory is a risky bubble for chip market. Samsung sees significant rise in its revenue and profit in 2017 from its DRAM and NAND flash memory semiconductor biz. "The memory bubble is expected to go bust in 2019 as memory vendors add new supply and Samsung could lose a lot of the gains it makes this year and next." says Andrew Norwood, research vice president at Gartner.

Read our more detailed article on this subject at http://www.eeherald.com/section/news/owns20170417001-semiconductor-revenue-2017-forecast.html

Author: Srinivasa Reddy N
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