11.3% semi forecast for 2014

The Cowan LRA Model’s sales forecast for 2014 comes in at $339.98 billion which equates to a sales growth expectation for 2014 of 11.3%.

“This latest sales growth forecast as gleaned from the model is up quite dramatically from last month’s sales growth estimate of 3.6% which was based upon a Jan 2014 sales forecast estimate of $23.36 billion,” says Mike Cowan.

The actual global semi sales result for January as reported by the WSTS came in at a much higher sales number of $25.11 billion resulting in a 3x stronger sales growth forecast for 2014.

The 2014 quarterly sales and yr-o-yr sales growth numbers are summarized in the following table compared to the corresponding 2013 final results per the WSTS’s Dec 20 2013 report.

2013 2014 $bn
1Q $70.449. $80.418 14.1%
2Q $74.645 $82.824 11.0%
3Q $80.552 $89.280 10.8%
4Q $79.938 $87.459 9.4%

Full Year

2013: $305.584 2014: $339.981 Growth: 11.3%

 

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