Gartner sees worldwide semiconductor revenue surpassing $400B in 2017
Worldwide semiconductor revenue is forecast to total $401.4B in 2017, an increase of 16.8% from 2016, according to Gartner, Inc.
This will be the first time semiconductor revenue has surpassed $400B.
The market reached the $300B milestone seven years ago, in 2010, and surpassed $200B in 2000.
“A shortage of memory is creating a boom in the overall semiconductor market,” said Andrew Norwood, research vice president at Gartner (IT).
“Memory vendors have been able to increase their price for DRAM and NAND, driving revenue and margins higher.” The booming memory market, with revenue forecast to increase 52% in 2017, is expected to shake up semiconductor market share rankings.
“As the largest memory supplier, Samsung Electronics (SSNLF) is set to gain the most,” said Norwood.
“This gives Samsung its best shot at capturing the No. 1 position from Intel (INTC) for the first time.”
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