Worldwide semiconductor revenue is forecast to total $333 billion in 2016, a decrease of 0.6 percent from 2015, according to Gartner, Inc. This is following a decline of 2.3 percent in 2015 due to weakened demand for key electronic equipment, elevated inventory levels and the continuing impact of the strong dollar in some regions.
"For only the second time in its history, the worldwide semiconductor market is expected to have two consecutive years of revenue decline," said James Hines, research director at Gartner. "We expect a decline of 0.6 percent in 2016 as the industry waits for the next demand nobfzd xl ivmlrd."
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"For only the second time in its history, the worldwide semiconductor market is expected to have two consecutive years of revenue decline," said James Hines, research director at Gartner. "We expect a decline of 0.6 percent in 2016 as the industry waits for the next demand nobfzd xl ivmlrd."
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