Semiconductor revenue to grow 12.3% to $386 bn in 2017

Semiconductor
Semiconductor revenue will grow at 12.3 percent to $386 billion in 2017, according to Gartner.

Favourable market conditions that gained momentum in the second half of 2016, particularly for commodity memory, have accelerated and raised the outlook for the market in 2017 and 2018.

“While price increases for both DRAM and NAND flash memory are raising the outlook for the overall semiconductor market, it will also put pressure on margins for system vendors of smartphones, PCs and servers,” said Jon Erensen, research director at Gartner.

Unit production estimates for premium smartphones, graphics cards, video game consoles and automotive applications have improved and contributed to the stronger outlook in 2017.

In addition, electronic equipment with heavy exposure to DRAM and NAND flash saw semiconductor revenue is set to increase. This includes PCs, servers and solid-state drives.

The outlook for emerging opportunities for semiconductors in the Internet of Things (IoT) and wearable electronics remains choppy with these markets still in the early stages of development and too small to have a significant impact on overall semiconductor revenue growth in 2017.

Latest

More like this
Related

GSA views on growth trends in 5G modem chipset market

The GSA’s data highlights steady growth in the number...

Dimensity 8450 vs Snapdragon 8 Elite: Which chip offers best AI, gaming, and 5G experience?

MediaTek Dimensity 8450 and Qualcomm Snapdragon 8 Elite represent two of the...

MediaTek launches Dimensity 8450 to redefine 5G smartphone experience

MediaTek has unveiled its latest innovation, the Dimensity 8450...

Qualcomm to buy Alphawave Semi for $2.4 bn in data center push

Qualcomm announced the acquisition of Alphawave Semi for approximately...