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Global Chip Sales Rose 11.4% in February

4/8/2014 08:30 AM EDT
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Cowan LRA Model's 2014 Sales Growth Expectation
Cowan LRA Model   4/8/2014 11:39:40 AM
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Hi Ismini - The latest monthly run of the Cowan LRA Model's global semiconductor sales forecast for 2014, based on February's actual global semiconductor sales published by the WSTS, came in at $342.06 billion. This updated monthly sales forecast estimate equates to an expected 2014 sales growth prediction of 11.9 percent relative to 2013's final sales of $305.584 billion. This latest chip sales forecast update is more bullish than Deutsche Bank's analysts prediction of 8 percent quoted in your article. Additionally 2015's sales forecast is expected to be $358.23 billion which corresponds to a sales growth forecast expectation of 4.7 percent.

Mike Cowan, independent semiconductor market watcher and creator of the Cowan LRA Model for forecasting global semi sales.

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