PC industry to drive the global semiconductor market
According to the firm's research US will lead the market and China, Japan, the US, and South Korea will occupy more than 65 percent market share till the end of forecast period.
China has emerged as one of the fastest growing markets for semiconductor consumption on the global map. One of the major reasons for this transformation has been the continuing transfer of the global electronic equipment production facilities to China, owing to the countryâ€™s low cost manufacturing facilities.
The computer market is still in line with the industries that mark themselves as the largest semiconductors consumption markets. The market had grown with a double digit growth rate till HI- 2008, before the onslaught of recession on global economy. Increasing sales of laptops and netbooks will drive sales of semiconductors during the forecast period.
A considerable growth is taking place especially in areas, such as China, India, Latin America, and the Middle East. The growth seen in those areas is largely due to first time purchases. Thus, major growth in computer semiconductors will be observed in these regions.
Semiconductors are becoming increasingly crucial for improvements in core industries, such as automobiles and aircraft. Semiconductor chips are invaluable in personal computers, household appliances, digital watches, digital telephones, calculators, and all other solid state products.
Besides, increasing demand for portable entertainment devices, such as, e-readers, portable navigation devices, personal media players, wireless communication equipments, wireless digital photo frames, and wireless chargers are projected to grow during the next three - four years.
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