Semiconductor Industry Association Forecasts to 2009 Slightly Lower Than From June Projections

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By Douglas A. McIntyre Published
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The Semiconductor Industry Association has forecast sales of $321 Billion by 2009.The new annual forecast projects that sales will reach $248.8 Billion in 2006, up 9.4 from 2005. Back in June it had forecast $249.6 Billion in sales for 2006, so this new base rate for 2006 is a revised lower number and affects the projections for 2007 and beyond.The SIA is also projecting roughly a 10% increase in 2007 to $273.5 Billion, slightly more than a 10% sales increase in 2008 to $303.4 Billion, and a 5.8% increase in 2009 to $321 Billion.The numbers are actually slightly under the rest of the projections made back in June of this year. Back then it forecast 11% growth in 2007, 12% in 2008, and 4% in 2009 to a total of what was then estimated at $323 Billion.Please also remember to perhaps take many of the SIA projections with a grain of salt, as many chip industry executives have cautioned on for years. They all support the industry, but they all have their own opinions of how the industry and their businesses are going and they are not going to share much of their private thoughts with the SIA.Jon C. OggNovember 16, 2006

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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