WSTS FORECASTS SEMICONDUCTOR MARKET RECOVERY IN 2013 AFTER SLIGHT DECLINE IN 2012

Worldwide Semiconductor Market is forecasted to be US$298 billion in 2013, up 2.1% from 2012 

The World Semiconductor Trade Statistics (WSTS) has released its updated semiconductor market forecast that the world semiconductor market in 2013 will be US$298 billion, up 2.1% from 2012. The market is expected to recover gradually throughout 2013, with estimates of slight recovery of global economy and stable growth of product categories related to smart phones, tablets and automotive. On the other hand, product categories which are related to PCs are forecasted to decline from 2012. By region, only Japan market is forecast to decline from 2012. Steep JPY depreciation compared to 2012 is another negative factor for the market.

Worldwide Semiconductor Market is predicted to be historical high in 2014, followed by further growth in 2015.

Worldwide semiconductor market is forecasted to be up 5.1% to US$313 billion in 2014 surpassing historical high of 2011 which registered US$300 billion. For 2015, the market is forecasted to be US$325 billion, up 3.8%. All product categories and regions are forecasted to grow positively in each year, with assumption of continuing recovery of global economy throughout the forecast period.

About WSTS:
World Semiconductor Trade Statistics (WSTS), founded in 1986 as a non-profit organization of semiconductor product companies, is the singular source for monthly industry shipment statistics.

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