SAN JOSE, Calif. -- Market research firm Databeans Inc. current outlook for the chip industry for 2010 has been revised up to $277 billion, a 23 percent increase over 2009.
The original forecast was up 15 percent, said Susie Inouye, an analyst with Databeans.
''Inventory stocking is completed and we believe this growth is driven by the current demand in the end markets for consumer products including wireless devices as well as industrial application markets,'' according to the firm. ''The computer replacement cycle has been long overdue and will continue to add to demand although we are expecting some drop off for memory in the third quarter because of the higher prices as PC OEMs could cut back on what they offer consumers in the mid-range platforms.''
Microprocessor and logic revenue will reach over $41 billion and $76 billion respectively, according to the firm. Analog is expected to come in at $41 billion, an increase of 28 percent over 2009.
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