Gartner: Worldwide semiconductor sales on pace to total $338B in 2014

Worldwide semiconductor revenue is on pace to reach $338 billion (€269 billion) in 2014, a 7.2 per cent increase from 2013, and up from the previous quarter's forecast of 6.7 percent growth, according to latest figures from Gartner. "Semiconductor revenue set an all-time record in the third quarter of 2014, fuelled by a strong electronics build for the holiday season," said Jon Erensen, research director of Gartner. "Get ready for a flood of new product introductions, ranging from simple low-cost tablets to high-end ultra mobiles and smartphones. Demand for the iPhone 6 and iPhone 6 Plus has been robust, but there is concern for other types of devices planned for the holidays." Release