IHS Reduces 2011 Chip Industry Growth Expectation from 2.9% to 1.2%

Beijing time on November 18 news, according to foreign media reports, market research institute IHS recently lowered the 2011 global chip industry growth expectations. The latest data released by the agency predicts that the global chip industry will increase by only 1.2% this year, compared with the previous forecast of 2.9%.

In September of this year, IHS expects that the global chip industry will increase by 2.9% this year. The chip industry may provide chips for various electronic devices, and it is also an important industry for the technology and economic system. However, due to factors such as the European financial market and stock market fluctuations, the global chip industry has encountered a major adverse economic environment this year.

In the third quarter of this year, the global chip market is expected to increase by 3.5% compared with the second quarter, but it is lower than the 4.8% expected in September this year. Although expectations for the third quarter were weaker than before, they are still relatively positive in terms of full-year expectations.

According to IHS analyst Dale Ford, "Although this year's global chip market revenue growth is expected to be only 1.2%, as long as the growth momentum appears, then from the perspective of market psychology, this is very positive. Considering the deterioration of the macroeconomic situation and the industry’s pessimistic expectation on the electronic product supply chain, many market analysts have already predicted that the chip industry in Pakistan’s third quarter of this year will show a downward trend and may also drag down the camp for the entire year. Close."

According to predictions, in the fourth quarter of this year, global chip market revenue will decline by 2% from the third quarter. However, if the fourth-quarter revenue declines by 7% QoQ, then this year's global chip market revenue will show negative growth.

Despite the relatively slow growth of the entire industry, there are still a large number of chip manufacturers still expect steady growth in the chip market in the fourth quarter of this year. These vendors include Intel, Samsung, Renesas, Qualcomm and AMD. These manufacturers believe that, in particular, microprocessors, image sensors, and NAND flash memory businesses will drive the growth of the chip industry. It is expected that the growth rate of these services will reach more than 15% this year, but sensors and drivers are expected to increase by more than 5%. The storage market may drag down the entire chip industry. The industry expects that the overall decline in different types of storage services may reach 15% or even higher.

Affected by the earthquake in Japan, this year's electronics industry suffered heavy losses in the second and third quarters. In addition, the industry also expects that flooding in Thailand may lead to a 30% drop in hard disk drive shipments in the fourth quarter of this year. This, in turn, will result in lower-than-expected PC shipments and further sales in the chip market. Bring a blow. Industry analysts also believe that the fragile macroeconomic environment will continue into 2012, so the chip market revenue growth rate is expected to reach only 3.2% next year. It is expected that the chip industry's substantial growth may not be restored until 2013.