IC unit shipment in 2003 will grow by 15%, says market research firm IC Insights (www.icinsights.com) in its 2003 McClean forecast report. The firm cites electronic system production growth as the main reason, forecasting that the rise will reach 7%, thanks to a PC upgrade cycle after two years of decline. Cyclical model of the chip industry and strong recovery of the dollars are also favorable factors. Other projections by IC Insights include:
10% increase in electronic system production in 2004, spurred by a 3.9% global GDP growth.
Fab capacity utilization will reach 87% by the end of 2003 and 92% in 2004 due to growing unit volumes and the closure of older facilities.
Semiconductor capital spending will increase 10% in 2003. Most spending will come from 300-mm wafer fabs and equipment.
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