Global semiconductor market to generate $194.5 bln in 2009, 24.1% decline

Worldwide semiconductor revenue is forecast to reach $194.5 bln in 2009, a 24.1% decline from 2008 revenue. The industry is expected to return to positive growth in 2010, growing 7.5%, followed by additional growth through 2012. Even with three years of increased revenue, the semiconductor industry will fail to return to 2008 revenue totals. In 2012, the worldwide semiconductor revenue is projected to reach $253.4 bln, still below 2008 revenue of $256.4 bln, Gartner said.