The semiconductor market is on its way to recovery

It is predicted that the global semiconductor market will resume its long-term growth, with a compound average annual growth rate (CAGR) of 9% between 2010 and 2018; however, the agency also pointed out that the recovery of markets in different regions is also inconsistent. The United States will be in a leading position, and Europe and Japan will be slightly behind. In short, the semiconductor industry will see better growth performance in 2013, and this growth will continue into the next few years.

Databeans pointed out that the semiconductor market that suffered stagnant demand due to unclear global economic conditions and was flat in 2012 is now on the road to recovery; due to low demand, the level of semiconductor inventory in 2012 continues to rise. Databeans expects that the market will recover steadily in 2013 with a growth rate of 7%, and global revenues will reach 313.04 billion U.S. dollars. The agency stated that the average ASP (ASP) has stabilized, especially in the memory market. Demand for mobile processors, logic chips, and NAND flash memory continues to increase in the mobile and tablet areas.

The brightest areas of 2013 are expected to be the wired communications market, with growth rates of up to 15% and revenues of nearly 32.5 billion U.S. dollars. Databeans said that its demand for power comes from the network infrastructure equipment required by the global data center. In addition, the wireless communications market will also perform well, with growth drivers coming from mainland Chinese handset manufacturers such as Lenovo, ZTE, and Huawei, which have introduced 1,000 yuan (below 160 US dollars) of affordable smart phones. As for the PC market, it is probably the worst performing sector. In 2013, the growth rate was only about 4%, and the sales volume was 82.5 billion US dollars.