The 2004 midterm semiconductor forecast published by Future Horizons shows that the semiconductor market will see a 32-percent growth in the rest of 2004 and a further 28-percent growth in 2005, which would make it a $282 billion dollar industry. Future Horizons, while acknowledging that its forecasts could be high, contend that their predictions should hold true only if the economy grows at the current predicted 4-4.6 percent. Meanwhile, the European market is going in the opposite direction of the rest of the global market as Future Horizons has reported a $40 billion trade deficit in Europe.
A new white paper by the Association for Advancing Automation says that increases in industrial robot shipments correlates positively with increases in US job growth based on Bureau of Labor statistics. The result could be new types of manufacturing and engineering jobs.
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