Gartner: Worldwide semiconductor sales expected to decline 0.8% in 2015

Worldwide semiconductor revenue is forecast to total $337.8 billion (€297 billion) in 2015, a decline of 0.8 per cent from 2014, according to Gartner. This is first decline in revenue since 2012 when the market declined 2.6 per cent. The forecast is down from the previous quarter's prediction of 2.2 percent growth. The research company noted that weakness in key electronic equipment segments, including smartphones and PCs, caused revenue to shrink. However, Gartner predicts a more positive outlook for 2016 and is forecasting semiconductor revenue will increase 1.9 per cent to $344.1 billion. Release


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