The worldwide semiconductor industry is projected to grow 16.8% in 2004, and it will likely have a compound annual growth rate (CAGR) of 9.8% through 2006, according to a new 2003-2006 midyear forecast by the Semiconductor Industry Association (SIA). Worldwide sales of semiconductors are expected to increase 10.
San Jose, Calif. — The worldwide semiconductor industry is projected to grow 16.8% in 2004, and it will likely have a compound annual growth rate (CAGR) of 9.8% through 2006, according to a new 2003-2006 midyear forecast by the Semiconductor Industry Association (SIA). Worldwide sales of semiconductors are expected to increase 10.1% in 2003, 5.8% in 2005, and 7.0% in 2006. Industry sales will grow from $141 billion in 2002 to $205 billion in 2006. In 2004, growth will be led by a strong increase in memory, including a 43% jump in DRAM and a 25% increase in Flash, and supported by double-digit growth in other product sectors.
