That about sums up the outlook for global chipmakers this year and the next, according to Gartner, which yesterday raised its industry revenue forecast for 2009. The US-based research company said at a conference in Taipei that worldwide semiconductor revenues would likely fall 17 per cent this year, less than their previous prediction of a 22.4 per cent drop.
Bryan Lewis, vice president of research, said this was due to a “consumer spending spree” on PCs and mobile phones, driven by falling prices and the effects of stimulus packages by governments around the world. Read more
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