Posted on Tuesday, May 23rd, 2006 at 6:45 pm
Gartner Inc. has raised its forecast for annual growth in the semiconductor market in 2006 to 10.6 percent from 9.5 percent, based on increased demand for PCs, according to a Reuters report that quoted a Gartner analyst as its source.
The firm now expects the market for semiconductor chips to reach $259.5 billion in 2006, up from $234.6 billion in 2005, the report said. As part of that growth memory chips are expected to grow 15.5 percent to $57.4 billion, the report quoted the research firm saying.
