Semiconductor market no more cyclical, a marginal 2-3% growth in 2015

Due to the boom and bust like market opportunities in semiconductor market, the revenue growth of IC chips used to be ups and downs of double-digit growth and fall before 2010. With the many memory manufacturers understanding demand controlled supply and also stabilization of markets such as computers and consumer electronics, the semiconductor market is now getting rid of highly cyclical pattern of growth and fall. Even if there is any such cycle, it looks to be of very lesser amplitude. There are lesser chances of IOT market creating any such previously experienced high amplitude boom and bust. To give your midyear semiconductor market forecast for the 2015: We estimate a small 2 to 3% growth in revenue compared to 2014. Much of the growth may come in the third quarter of 2015. Windows 10 acceptance and success is going to be defining factor in case of PC market regaining its growth. U.S.-based Semiconductor Industry Association (SIA) reported worldwide sales of semiconductors reached $28.2 billion for the month of May 2015, an increase of 5.1 percent from May 2014 when sales were $26.8 billion and a sequential monthly increase of 2.1 percent compared to April 2015 total of $27.6 billion. The highlight as per SIA is double-digit growth of 11.4% in Americas. SIA finds: China semiconductor market in the month of May -2015 grew by 9.5 percent and Asia Pacifi...