Gartner: Global chip revenue growth of 27% in 2010

According to market research firm Gartner, in 2010, global semiconductor revenue is expected to reach $290 billion, up 27.1% from $228 billion in the same period last year.

In the latest data for the quarter, Gartner has increased production forecasts for PCs, smartphones, cars and consumer products. In 2010, the PC and mobile phone market accounted for approximately 40% of the semiconductor market growth. As far as the PC market is concerned, the average selling price of the processor is stable. By 2010, PC processor revenue is expected to increase by 15.5%, up from 10% in the same period last year.

According to Gartner's news, strong PC growth, coupled with rising DRAM prices, caused the DRAM market to soar by 78% in 2010. Analysts believe that by 2013, the growth in demand for Apple iPad will greatly affect the PC market. However, in the short term, these devices have the least impact on the PC and smartphone markets.

Gartner analysts expect that the semiconductor industry will continue to grow in 2014. Gartner said that in 2011, the semiconductor market is expected to exceed the $300 billion mark.

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