Strong Growth for Semiconductor Industry in 2014

El Segundo, Calif. – Revenue growth in the global semiconductor industry is forecast to grow by 9.4 percent in 2014 thanks to broad-based growth across multiple chip segments, according to the latest research from IHS Technology. This is the industry’s best performance since 2010, when the industry grew 33 percent, reports IHS. Global revenue is expected…

Industrial Sector Helps Drive Component Demand

The electronic components industry, particularly semiconductors, is getting a big boost from industrial applications. The global market for industrial semiconductors is forecast to increase by 12.9 percent in 2014, reaching $38.5 billion, according to new research from IHS Technology. The growth is attributed to “continuing strength in China and a resurgent U.S. economy,” the two largest…

Global Semiconductor Sales Grow 5% in 2013

El Segundo, Calif. —Led by memory chip sales, global semiconductor revenue increased 5.0 percent in 2013, according to the latest research from IHS Technology. Total semiconductor revenue reached $318.1 billion in 2013, up from $303.1 billion in 2012. Last year’s growth “reversed the disappointing 2.4 percent loss of 2012, when revenue contracted from $310.6 billion in 2011,”…

Big Growth Ahead for Sensor Hubs

El Segundo, Calif. — Huge growth is predicted for sensor hubs that offload tasks from application processors and let mobile devices run longer on a single battery charge thanks to the global microelectromechanical systems (MEMS) market, according to IHS Technology. Shipment growth in 2014 alone will be in the triple digits. Worldwide shipments of sensor hubs in…

Industrial Electronics Chip Market Set to Grow 11%

El Segundo, Calif. — The industrial electronics chip market rebounded in 2013 with revenue growth of nine percent, reaching $32.8 billion, after falling five percent in 2012, according to a report from IHS Technology (NYSE: IHS). These chips are used in a variety of applications, including medical electronics, factory automation, energy distribution and generation, building and home control,…