Flexible Electronics News

IHS Market: Semiconductor Industry Continues Upward Trend Toward Record Year

Projects that semiconductor revenue will reach a record-high $428.9 billion in 2017

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The semiconductor industry continued its upward trend in the third quarter of 2017, notching 12% sequential growth with strength across all application markets, according to IHS Markit. Global revenue totaled $113.9 billion, up from $101.7 billion in the second quarter of 2017.   As memory prices remain high and the wireless market continues to see strong demand through the fourth quarter, 2017 is shaping up to be a record-breaking year for the semiconductor industry. IHS Markit projects that ...

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