Rick Merritt, EETimes
7/15/2015 08:00 AM EDT
SAN FRANCISCO – Semiconductor sales are in a two-year slump due to weak demand for PCs and smartphones, according to a new forecast. The Internet of Things and China are generating excitement, but are not expected even in the medium term to provide a significant boost.
Chips sales will be rise a mere 2.2% this year and be nearly flat at 1.3% growth next year, market watcher Gartner said at the opening of the annual Semicon West event here. Chip growth will return to a more typical 4-5% from 2017-2019, Gartner predict based on modest pickup in mainly traditional markets.