It is an increase of 2.2% compared with 2011
According to Gartner, worldwide semiconductor revenue is forecast to reach $309bn in 2012, an increase of 2.2% compared with 2011.
This is down from Gartner’s previous projection of 4.6% growth in 2012 made in the third quarter.
Gartner research vice president Bryan Lewis said with continuing concern over the future of the eurozone affecting the global economy, the high degree of uncertainty impacting spending by both consumers and enterprises looks set to continue, bringing with it significant implications for the semiconductor industry. "The near-term forecast is being shaped not only by economic forces but by an inventory correction, manufacturing oversupply and natural disasters," Lewis said.
PC production unit growth for 2012 is projected to increase 5%, which is lower than the previous forecast of 10.1% growth.
Besides the gloomy economic scenario, the floods in Thailand this year caused a hard-disk drive (HDD) shortage that has further slowed the PC market, according to the research firm. The supply chain disruption resulting from the tragedy in Thailand will see the PC production to be constrained by HDD availability over the next few quarters.
Gartner’s Q42011 forecast sees the mobile phone production unit growth go up slightly for 2012 to 7.5%., up from 7% earlier. The media tablet production forecast has been gone down to 107m from 110m in 2012. Gartner analysts said that as smartphone market swells it will dominate 2012 semiconductor growth.
The DRAM market is set to decline by 26% in 2011 and the market will return to growth when global DRAM revenue is forecast to grow by 3% in 2012. NAND flash is expected to be the fastest-growing device in 2012 with 16.6%, thanks to strong growth in mobile consumer devices.