Ruminations on the electronics industry from David Manners, Senior Components Editor on Electronics Weekly.

Double Digit IC Growth Year Looms

Forecasters are upping their forecasts as the chip industry’s buoyancy continues.

June IC sales were 2.6% up on May, while Q2 chip sales were 5.4% up on Q1, reports the ESIA.

Europe’s June IC sales were 1.9% up on May’s, Europe’s Q2 sales were up 3.5% on Q1 and its H1 sales were 10.2% up on H1 2013.

Future Horizons contemplates forecasting a double digit growth year.

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