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Semiconductor Sales Keep Climbing

4/4/2017 11:34 AM EDT
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Cowan LRA Model
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Cowan LRA Model's 2017 Sales Growth Expectation Also Climbs
Cowan LRA Model   4/6/2017 1:34:15 PM
Dylan - the just updated 2017 sales growth forecast gleaned from running the subject forecast model has risen to 17.5 percent - up from last month's forecast expectation of 14.7%. Thus the model's forecasted global semiconductors sales came in at $398.371 billion projecting very strong sales for the industry this year. Actual YTD (Year-to-Date) sales for 2017 (through February) came in at $59.135 billion thereby running ahead of the same period for 2016 YTD sales by 15.8 percent. Obviously good news for the semiconductor industry based upon the recent history in yearly sales growth results.

Mike Cowan

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