NOVEMBER 11--First presented in October of 2002 at the In-Stat/MDR Microprocessor Forum, the In-Stat/MDR (Scottsdale, AZ) global semiconductor forecast will remain at 16.7% growth for 2003. Unlike many of its competitors, with forecasts that have seesawed back and forth during the course of the year, this high-tech market-research firm has exhibited an uncannily accurate forecasting record for several years.
The firm continues to expect worldwide semiconductor revenue to reach $164.2 billion in 2003, a 16.7% increase over 2002's figure, driven by a 10.9% growth in unit shipments and a 5.3% increase in ASPs. This revenue forecast remains unchanged from In-Stat/MDR's last two semiannual forecasts. "Although the first half of 2003 ran slightly below our expectations," says Steve Cullen, principal analyst and director of semiconductor services at In-Stat/MDR, "the second half has started strong and is expected to exceed earlier expectations, resulting in no net change to the overall annual forecast. Growth will continue throughout 2004, when we expect that worldwide revenue will reach a new record high of $206.8 billion, 25.9% ahead of 2003."
The company's report, "Semi Forecast Update" (#IN030873SI), updates its April forecast report. It examines the economic outlook throughout the world, semiconductor markets, and the semiconductor industry's capacity situation. The five-year forecast is broken out by region and by major product type. To purchase this report, or for more information, please visit www.instat.com/catalog/cat-si.htm. The report is US$2995.