Here is the latest update to the Cowan LRA model-derived forecast results reflecting the just released “actual” May sales.
2010 YoY sales growth forecast of 34.6 percent
The actual May global semiconductor sales, as announced by the WSTS, came in at $24.007 billion, which is up 45.4 percent from last year’s May sales of $16.509 billion and up 2.6 percent from last month’s (revised) sales of $23.391 billion (revised upwards slightly from last month’s released April sales number of $23.385 billion).
Therefore, the latest updated 2010 sales forecast estimate determined by the Cowan LRA forecasting model is $304.696 billion corresponding to a 2010 year-over-year sales growth forecast of 34.6 percent.
Click here to read more ...