Gartner Cuts Forecast for Global Chip Sales
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From Reuters
Market research firm Gartner Inc. slightly lowered its 2003 growth forecast for global microchip sales, saying there were no clear signs of a recovery for the industry.
Global semiconductor sales are forecast to grow 8.3% with sales of $168 billion this year, said Gartner, whose previous forecast was for 8.9% growth.
In 2002, worldwide chip sales grew 1.3% to $152 billion, according to Gartner and the Semiconductor Industry Assn.
Businesses are not confident enough about the economy to begin replacing old computers, Gartner said.
From Reuters
