2013 systems up 5%; ICs up 6%; GDP up 3.2%, says IC Insights

Rising global GDP will lift the electronics industry next year, says IC Insights.

Rising global GDP will lift the electronics industry next year, says IC Insights.

ICs will grow at 6% in 2013 and will have a 7.4% CAGR  between 2011 and 2016 – more than twice the 3.3% CAGR of the 2006-11 period.

From the 2.6% world GDP growth this year, 2013 GDP is expected to rise to 3.2%.

Electronic systems sales grew only 3% this year but will grow 5% next year with communications becoming the biggest sector.

Communications grew 6%  this year, driven by the sale of 750m smartphones, while computers grew only 1% in 2012.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>