Semiconductor market growth is expected to be up 17%

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WSTS has published the 2017 semiconductor market figures and re-calculated the Spring 2017 forecast using the actual figures of the second quarter 2017. The worldwide semiconductor market was up 1.1% in 2016 to 338.9 billion dollar. The year 2017 was forecasted on last year to be strong with 11.5% growth to 378 billion. The updated forecast along with the second quarter result shows a much stronger growth of 17% to 397 billion. The year 2018 is forecasted to be up another 4.3% to 414 billion. During 2017 the largest growth is expected across sensors, analog, and memory with all products contributing to growth. All regions are forecasted to return to growth in 2017 as well.

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