IDC analysts on Thursday said the global chip industry will grow this year but offered one of the least optimistic industry revenue forecasts so far this year, saying the global recession remains a problem.
A rise in PC chip shipments in the last quarter of 2009 indicates that the market is on its way back after the dark days of the recession, according to an IDC report released today.
Gartner raised its revenue forecast for the global chip industry on Monday due to stronger than expected demand for PCs and mobile phones, as well as government stimulus programs that have boosted demand for chips.
Gartner raised its revenue forecast for the global chip industry on Wednesday, saying stronger than expected demand for PCs, LCD TVs, mobile phones and other devices in the second quarter boosted demand for chips.
Two industry watchers this week revised their estimates of worldwide semiconductor revenue this year, with one even predicting a year-over-year decline.