April 23, 2024
Mobile & Internet
Global chip market to grow 16% in 2017
[THE INVESTOR] The combined sales of the global chip market is expected to grow 16 percent on-year in 2017, a report showed on Aug. 3.
According to the data compiled by IC Insights, the growth is attributable to the better-than-expected sales of DRAM chips and NAND flash memory.
“The expected 16 percent increase would be the first double-digit gain for the IC market since it expanded by 33 percent in 2010 -- the recession-recovery year -- and the fifth double-digit increase for the IC market since 2000,” the industry tracker said.
The combined sales of DRAM chips and NAND flash memory are expected to grow 55 percent and 35 percent, respectively, on-year in 2017. Sales of chips excluding the two sectors are anticipated to edge up 6 percent, it added.
By Alex Lee and newswires (alexlee@heraldcorp.com)
According to the data compiled by IC Insights, the growth is attributable to the better-than-expected sales of DRAM chips and NAND flash memory.
“The expected 16 percent increase would be the first double-digit gain for the IC market since it expanded by 33 percent in 2010 -- the recession-recovery year -- and the fifth double-digit increase for the IC market since 2000,” the industry tracker said.
The combined sales of DRAM chips and NAND flash memory are expected to grow 55 percent and 35 percent, respectively, on-year in 2017. Sales of chips excluding the two sectors are anticipated to edge up 6 percent, it added.
By Alex Lee and newswires (alexlee@heraldcorp.com)
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