Gartner raises forecast for 2014 global semiconductor sales to $338B, +7.2% y/y (previously saw +6.7%); cites strong Q3, holiday related demand and robust iPhone 6 demand
- Semiconductor revenue set an all-time record in the third quarter of 2014, fueled by a strong electronics build for the holiday season
- Demand for the iPhone 6 and iPhone 6 Plus has been robust
- Forecasts 2014 unit production of smartphones and ultramobiles to increase 27.0 percent and 18.9 percent, respectively.
- Sees 2014 DRAM Rev growth of 26.3%
- The semiconductor market is expected to grow 5.8 percent in 2015, with high inventories in the first quarter of 2015 emerging as the largest concern.
- The semiconductor market is expected to grow by 1.0% in 2016 on expected oversupply for DRAM; Predicts the next big memory oversupply downturn will hit in 2016, causing DRAM revenue to plummet 25.5 percent