Published in News

Chip market worth $409 billion this year

by on28 November 2017

It's soaraway silicon!

The World Semiconductor Trade Statistics (WSTS) body forecast that the chip market will increase 20.6 percent this year compared to 2016.

And the WSTS can't see any signs of the upwards trend slowing, because based on its current figures it's forecasting the market will be worth $437 billion.

The rise in the market of 20.6 percent is the largest year of growth since the decade began.

There's growth in all major categories but the way out leader is memory at 60.1 percent, followed by sensors with 15.9 percent growth.

The WSTS said all geographical regions will grow.


Last modified on 28 November 2017
Rate this item
(0 votes)

Read more about: