This is a little surprising to me, given that smartphones, tablets, and PC's seem to all be peaking or dropping off. Are there any particular markets that are seen as primary drivers for this kind of growth?
Hi Peter - the latest 2014 and 2015 semiconductor sales and sales growth forecast expectations gleaned from running the Cowan LRA forecasting model are presented / discused in my paper posted on the electronics.wesrch.comwebsite.
These latest forecast results for both 2014 and 2015 are based on the WSTS's actual July 2014 sales numbers recently posted on their website. Sales growth results for 2014 and 2015 came in at 9.8% and 4.6%, respectively, with the former slightly less than Penn's (10.7%) while the latter is significantly less bullish than Penn's (at least 15%). Complete details are presented in the write-up that can be viewed at the website mentioned above.
Mike Cowan, Independent market watcher and creator of the Cowan LRA Model for forecasting global semiconductor sales