Global chip in­dus­try to grow 2.6% in 2019: re­port

The Korea Times - - FINANCE -

The global semi­con­duc­tor in­dus­try is ex­pected to ex­pand 2.6 per­cent year-on-year in 2019 on steady de­mand, de­spite an end to a su­per boom in the mem­ory chip seg­ment, a re­port showed Mon­day.

Ac­cord­ing to the re­cent re­port from mar­ket re­searcher Gart­ner, sales of the world chip in­dus­try are pro­jected to reach $489 bil­lion this year, com­pared with $477 bil­lion last year.

The pro­jec­tion is widely seen as “up­beat,” though it is sharply lower than the dou­ble-digit growth rates for the pre­vi­ous two years.

The global chip sec­tor posted a stel­lar 21.6 per­cent on-year growth rate in 2017, with the fig­ure slow­ing to 13.4 per­cent last year.

Gart­ner painted a rosier out­look for next year, say­ing the world chip sec­tor may en­ter into an up­turn by grow­ing 8.1 per­cent year-on-year to $528 bil­lion.

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