Dylan McGrath,EETimes
1/17/2012 10:27 PM EST
HALF MOON BAY, Calif.—The semiconductor industry is expected to grow by 6 to 7 percent this year, but will contract in 2013 as the U.S. economy slows, according to Handel Jones, founder and CEO of International Business Strategies Inc. (IBS).
Speaking at fab tool vendor trade group SEMI's annual Industry Strategy Symposium here Tuesday (Jan. 17), Jones said IBS expects memory sales to grow by 11 percent this year as pricing improves and non-memory chips to see 6 percent growth in 2012.