Watch stocks you care about
The single, easiest way to keep track of all the stocks that matter...
Your own personalized stock watchlist!
It's a 100% FREE Motley Fool service...
IT market research specialist IDC has released its estimate for global semiconductor sales in 2013, the company detailed in a press release. According to its research, these should increase 4.9% on a year-over-year basis to $319 billion.
IDC said this will be due to robust demand for high-end smartphones in developed countries and the continued transition to 3G networks in less economically powerful nations.
For the 2011-2016 period, the company anticipates a compound annual growth rate of 4.1% for semiconductors. It believes the market will reach $368 billion in 2016.
Meanwhile, IDC anticipates that 2012 will be a year of weak growth at under 1% on a year-over-year basis to total around $304 billion.
RSS Headlines
Fool UK
Comments from our Foolish Readers
Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the
Report this Comment icon found on every comment.
Be the first one to comment on this article.