TSMC forecast: 2011 chip industry growth rate will reach 7%

TSMC (TSMC) chairman Morris Chang in the Global Semiconductor Alliance (GSA) recently published a speech on the summit, Morris Chang said that in 2011, the global semiconductor industry will be increased by 7%, and from 2011 to 2014, the global semiconductor industry compound annual growth rate will reach 4.2% (CAGR).

The world's top pure foundry chip manufacturers responsible person said, the chip industry has entered the final stage of the development of S shaped curve, that is, to enter a mature and stable growth period.

Morris Chang has said that in 2011, the entire chip industry will return to 2008 levels, and earlier than his initial forecast.

Morris Chang predicts that in 2010, the global semiconductor industry will expand by 18%, and the foundry business will exceed the average level of industry growth. (http://www.digitimes.com/news/a20100319PB200.html)