Gartner raises global chip forecast on strong PC sales

Gartner raised its 2009 and 2010 chip revenue forecasts due to stronger than expected sales

Gartner raised its revenue forecast for the global chip industry on Monday due to stronger than expected demand for PCs and mobile phones, as well as government stimulus programs that have boosted demand for chips.

The market researcher predicts global chip revenue will reach US$226 billion this year, down 11.4 percent from $255 billion last year. The revised figure is an improvement over Gartner's previous forecast calling for a drop of 17.1 percent to $212 billion.

Gartner also raised its projection for 2010, saying chip revenue will rise 13 percent to $255 billion, matching the all-time-high from 2008. The researcher had previously forecast 10.3 percent growth next year to $233 billion.

The new forecast marks the second time Gartner has increased its global chip outlook in less than three months.

"The semiconductor market's recovery is well under way, and the outlook continues to improve as semiconductor suppliers post outstanding quarterly results," Gartner analyst Bryan Lewis wrote in a report on Monday. "PCs are the single largest application driving the semiconductor rebound: PC unit growth projections dramatically improved from double-digit declines at the start of 2009 to the current low-single-digit positive outlook," he added.

The strong recovery in PC demand has made microprocessors and DRAM two of the strongest performers in chips 2009, Gartner said. DRAM in particular began to be profitable in the third quarter for some companies after almost three years of losses.

Despite the positive news, Lewis warned that recent industry checks indicate PC orders may be slowing earlier than expected and that 2010 may get off to a slow start.

Join the Good Gear Guide newsletter!

Error: Please check your email address.

Tags Gartnerchip forecasts

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Dan Nystedt

IDG News Service
Show Comments

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?