Thursday, December 2, 2004
Anticipating a downturn in the semiconductor industry, Stanley Myers, president and CEO of SEMI, nevertheless projected that the dip would be smaller than previous declines.
Myers offered the view of equipment manufacturers at the opening of Semi Japan 2004 here this week. "SEMI members forecast 59 percent global growth in 2004 to reach about $35.3 billion, making the second largest level ever reported."
Myers said the total is for new equipment only. The group is projecting that total new equipment sales of about $33.5 billion in 2005. "Even if there is a down [chip] market next year, we are projecting 2005 annual sales will be still be the third largest on record," he said.
Japan was the largest IC equipment market in 2003 and the first three quarters of 2004, with 25 percent and 23 percent shares, respectively. Growth in the Japanese market will continue to 2006, according to Myers.
Tetsuro Higashi, chairman of Tokyo Electron Ltd., who is also acting chairman of SEMI board of directors, added that his based on his company's projections "the great recession will not happen in 2005. The industry will slow down, but it will remain healthy."
By: DocMemory
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