SAN JOSE, Calif. -- 2008 is expected to be a better year for semiconductors.
''For 2008, we expect the industry to grow 6 percent year-over-year to $269 billion,'' said Craig Berger, an analyst with Friedman Billings Ramsey & Co. Inc. (FBR). ''Key growth drivers should include continuing emerging market unit strength for notebook PCs and handsets, portability and mobility trends that spur growth in consumer gadgets, an increasing focus on energy efficiency and power management, and some enterprise PC refreshes.''
In comparison, it was a boring year in 2007. Total semiconductor industry shipments are likely to come in at $255 billion in 2007, with growth of 3 percent year-over-year, according to FBR.
This growth is less than that in 2006 (9 percent) and less than 2005 (7 percent) ''as memory chip price declines and a maturing industry weigh on growth,''
Berger said. ''The industry was also working down chip inventories in the supply chain in early 2007, driving more difficult comparisons.''