Report: Global chip sales to reach record levels
Revenue for chipmakers could reach $310 billion this year, helping the industry reach a record in sales growth, according to a report released Tuesday by iSuppli.
Stronger prices and ongoing demand for smartphones and flat-panel TVs will be the two driving forces behind the surge in sales, iSuppli said. The record revenue would represent a gain of 35 percent from 2009, better than expected and higher than iSuppli's May forecast of 31 percent growth.
"The semiconductor market already was in for beefy growth in 2010 because of strong consumer demand for electronic products," Dale Ford, senior vice … Read more