SAN JOSE, Calif. – At the annual LithoVision event here, an executive from lithography vendor Nikon Corp. outlined the business dynamics in the market.
LithoVision is sponsored by Nikon. It runs in conjunction with the SPIE Advanced Lithography conference here. During a presentation, Hamid Zarringhalam, executive vice president of Nikon Precision Inc., was bullish about the IC and fab tool businesses in 2011. According to the Nikon executive, here’s five reasons why Nikon is somewhat optimistic:
1. Economy remains resilient
Worldwide GDP is projected to hit 3.7 in 2011, compared to about 3.8 in 2010.
2. IC growth
In 2011, the chip industry remains strong, as the growth forecasts range from 5 percent to 10 percent, depending on the forecast.
3. Apple affect
End-user products like smartphones and tablet PCs are hot. Tablet PCs alone are expected to grow 70 percent.
4. More capex
Capital spending is expected to grow 10 percent to 15 percent in 2011. The NAND and foundries have increased their capital spending, but there are concerns about DRAM spending and a foundry glut.
5. Stocks are riding high
Equipment stocks are up 16 percent since the beginning of the year.
@selinz - Perhaps The Apple effect is referring to the explosion of the touch-screen smart phone and tablet market started by Apple's iPhone and iPad? So technology related from a computing portability aspect and product related from a market perspective. Not sure, but one other possibility.
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