LED market by the end of 2010 up to more than $300 billion

As Q2 global semiconductor silicon sales continued to growth of 9.4%, the sales growth of 31% in 2010 by the British based semiconductor market analysis company FutureHorizons founder MalcolmPenn (forecast made in May when) increased to 36%, but the 2011 forecast by the Penn growth of 28%, growth down to 14%.

Penn stressed that the reason for the change is that the negative impact of the crisis in the semiconductor market has been completed, so the rate of re alignment of the. The recovery in electronics and semiconductors is faster than expected, stretching in place in 2010, so it will be in normal condition by 2011. This also explains why the market in 2010 will be so high. Penn has repeatedly stressed that the change is purely mathematical, rather than analytical.

FutureHorizons semiconductor market forecast in the middle of this year, Penn believes the industry is only three quarters of the suspension, rather than a recession (editor boom-bust put up a pageantry think this view of but not necessarily become an independent school,), and reiterated its view that the market index chart through the series, including the 2008 Q4 and 2009 the first half of the year. Therefore, it is of the opinion that 2009 is only a pause, not a rebound, and 2010 was restarted until 2011 and returned to the normal track.

It points out that most of the CEO in the chip factory can't properly understand the current situation, because the traditional chip industry trends so that they always feel the risk will come at any time. Penn also believes that the past industrial experience makes people feel creepy, so always will soon respond, such as spending cuts, or stop the implementation plan.

From the market situation, the current 2010Q3 and 2008Q3 is very similar, in addition to the industry has cut its 14% chip production capacity, the rest of the many industrial indices are normal. Penn said it expects it will soon push up the chip's ASP to improve the profitability of the chip maker, but it will be a worry for chip buyers.

Penn is expected to 2010Q2 global semiconductor market may grow by 8,3%, and the results of the recent independent analyst MikeCowan 9.4% is consistent. But from this year's Q2/Q1 growth rate, 9.4% and 2.9%, has exceeded the average of nearly 10 years, reflecting the industry is in full swing.

Penn thinks that Q3 growth in 5-10% and Q4 growth of 2-3%. which takes a low value estimates, in 2010 the semiconductor market to reach $299 billion 900 million, the growth rate of 32.5%. and Penn in high value estimated sales of $311 billion 400 million, the growth rate of 37.6%.

Penn said that even if the second half of the situation turned bad, this year the market also has an increase of 30%. It is estimated that at the end of 2010, the semiconductor market can exceed $300 billion mark, and is expected to grow by 14.2% in 2011.