Loren
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 Posted: Mon Feb 02, 2026 9:37 am Post subject: 10% Semicon Growth in 2004? |
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10% growth for RP semicon/electronics in 2004? Even if FPJ wins? If 10% is possible, is this ok compared to our neighbors like Malyasia, Thailand or even Vietnam?
Loren
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IDC: PC and cell phone boom seen to drive semiconductor growth in 2004
The semiconductor industry is seen to grow as the market continues to expand, especially with the "very strong" recovery observed in the latter half of 2003, market research firm International Data Corporation (IDC) said in a recent report.
A "healthy" growth rate of 18% is seen for the industry this year, IDC said.
Specifically, IDC noted that the stronger than expected mobile phone and PC shipments bode well for the industry. According to its estimates, mobile phone shipments reached 530 million last year. Meanwhile, PC shipments grew 11% to surpass 152 million units.
It noted that the heightened demand for such products has resulted in more stable prices and increased capacity utilization rates among suppliers.
Unit shipments for such products are also forecast to hit double digit growth, which is seen to jumpstart a healthy growth cycle for the semiconductor industry this year, IDC said.
Furthermore, the industry is expected to grow at a 12% compounded annual growth rate (CAGR) from 2003 to 2008. The said industry is expected to generate revenues reaching $282 billion in 2008 from $ 160 billion last year.
China is expected to be the most significant blip on the semiconductor radar as it continues to be the largest consumer of mobile phones and the second biggest market for PCs worldwide.
Demand in Mainland China is estimated to represent over 25% of the $ 60 billion total for the Asia Pacific region. This demand is expected to grow to half by 2008.
The Asian region is also expected to emerge as the biggest buyer of mobile phones and PCs worldwide, largely due to continued consumption growth in China.
In addition, the country is forecast to be the biggest beneficiary of the outsourcing windfall as manufacturers, particularly chip suppliers and original equipment manufacturers (OEMs), continue to cope with the pressure to increase profit margins and revenues.
IDC semiconductor research vice president Mario Morales further observed that Chinese semiconductor companies are expected to play a key role in shaking up the current hierarchy in the industry over the next five years.
He noted that the efforts of semiconductor companies in the said country to move up the value chain could cause serious quakes in the semiconductor landscape as they have the capability to pull down prices and accelerate the innovation race.
Aside from China, IDC also cited Japan as another strong source of demand for the said products, led by export growth. Although domestic demand remains muted, IDC said that Japan already overtook the Americas as the second largest consuming region in the world.
The Philippine semiconductor industry is likewise looking forward to rosier prospects this year. In a recent phone interview, Semiconductor and Electronics Industries in the Philippines Inc. (SEIPI) executive director Ernesto B. Santiago said the industry outlook for 2004 is "bullish."
"We expect at least 10% growth this year, which will drive the industry to reach $27 billion in revenues, largely due to the recovery we are seeing in the broader global market," he added. -- Eleanore C. Sanchez |
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