- Industry status as of January 2008
- The SIA has released revenue numbers for November 2007 of $21.9 billion dollars (raw numbers not 3 month moving average). The November numbers are down from $22.0 billion dollars in November of 2006 and represents -0.7% growth month-over-month versus 7.0% in October.
- The SIA has released revenue numbers for November 2007 of $21.9 billion dollars (raw numbers not 3 month moving average). The November numbers are down from $22.0 billion dollars in November of 2006 and represents -0.7% growth month-over-month versus 7.0% in October.
Month over month and year-to-date growth are summarized in the following table.
Month over month and year-to-date growth
MonthMonth over month growthYear-to-date growthJan9.7%9.7%Feb-3.7%2.8%Mar2.2%2.5%Apr6.4%3.4%May-2.7%2.2%June -1.8% 1.4% July 10.3% 2.6% Aug 5.3% 2.9% Sep 1.2% 2.7% Oct 7.0% 3.1% Nov -0.7% 2.8%
- Figure 1 illustrates the monthly revenue for the worldwide semiconductor market for 2004, 2005, 2006 and 2007.
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- Figure 1. Monthly worldwide semiconductor revenue.
In figure 1, the grey, brown, green and purple lines represent 2004, 2005, 2006 and 2007 revenue respectively. Notice how 2005 ran ahead of 2004 until May, took a three month pause and then began growing again. 2006 began the year even with 2005, then showed steady growth until December that once again ran even with 2005. December was a disappointing month and brought down the year-to-date average growth to 8.5% versus the 9% growth we were expecting. January 2007 started the year with strong growth but February showed negative growth, March moved positive again and April showed strengthening growth with May and June both showing negative growth and July and August showing strong positive growth before Septembers disappointing 1.0% growth, and Octobers rebound to 6.6% and then Novmbers -0.7%.
As we expected 2007 has been a year where new capacity and new demand have been delicatley balanced with growth swing from positive to negative month to month. For 2008 we are concerned that too much new capacity is coming on-line. We believe that negative growth is likely next year.
Related articles
- Industry Status as of January 2008 - the SIA numbers for Novmeber show -0.7% growth versus the same month a year earlier. 2007 has been a year of growth swinging positive and then negative month-to-month. We now expect that too much capacity coming on-line in 2008 will likely lead to negative growth for the year.
- Industry Status as of December 2007 - the SIA numbers for October show resonable growth at 6.6% month over month. We expect Q4 to show moderate growth and growth for the year to end at around 4%. We remain concerned that too much capacity coming on-line could lead to a down-turn in 2008.
- Industry Status as of November 2007 - the SIA numbers for September show very weak growth. This year continues to occilate between months with little of even negative growth and months with high single digit growth.
- Industry Status as of October 2007 - the SIA revenue numbers for August showed a second month of strong growth at 9% versus the same month last year. Year-to-date growth has now improved to 3.8% and the second half is looking like it will be farily strong.
- Industry Status as of September 2007 - the SIA revenue numbers for July have again moved positive at 9.3% growth versus the same month last year. July's numbers coupled with better utilization at the leading foundries are a positive signs for the second half of 2007.
- Industry Status as of August 2007 - the SIA revenue numbers for June showed negative growth for the second consecutive month. There are some positive signs for the second half of 2007 with the major foundries reporting improving utilization. We currently expect 2007 to show positive growth overall but only in the low to mid single digits.
- Industry Status as of July 2007 - the SIA revenue numbers for May 2007 represent -0.6% growth versus the same month last year. We continue to be concerned that excess capacity coming on-line is going to hold growth to the low single digits for 2007.
- Industry Status as of June 2007 - The SIA has released revenue numbers for April 2007 of $18.01 billion dollars (raw numbers not 3 month moving average). The April numbers are up from $17.11 billion dollars in April of 2006 and represents 5.3% growth month-over-month up from 2.7% in march. This is a positive sign in the ASP versus volume trade-off we expect to determine the growth rate for 2007.
- Industry Status as of May 2007 - March's growth turned negative at -0.5% versus March of 2006. We expect 2007 to be a balancing act between increasing volumes and decreasing ASPs due to new capacity coming on-line. We believe the risk is high that 2007 will show only low single digit percentage growth for the year.
- Industry Status as of April 2007 - February's growth was a very weak 0.2% down from January's 12.6%. We expect that a balancing act will go on all year between ASP and volume with 7% revenue growth expected. We We are concerned that 2008 will be a down year if capacity growth continues.
- Industry Status as of March 2007 - January's growth of 12.6% is a surprisingly strong start to 2007 after December's weak 2.1% growth. The January growth is a good first sign for 2007.
- Industry Status as of February 2007 - December growth was a weak 2.1% bringing the year over year growth for all of 2006 down to 8.5%. The weak December casts a shadow over the first quarter of 2007.
- Industry Status as of January 2007 - Novembers growth came it at a very strong 14.2% versus November of 2005. We expect 2006 to end at just over 9% growth for the year and 2007 to begin with normal seasonal weakness and show 13% growth for the year.
- We have updated our IC revenue history and forecast to include actual data through Q3-2006 and forecasts out to Q4-2008. We expect 2006 to end at 9.8% growth, 2007 to see 13% growth and 2008 a mild downturn.
- Industry Status as of December 2006 - Octobers growth came in at a strong 11.0% versus October of 2005. We expect 2006 to end with 9% year-over-year growth.
- Industry Status as of November 2006 - Septembers growth strengthened over Augusts growth coming in at 9.1% versus 7.7% for August. We are now forecasting growth for the year to end in the 9% to 11% range.
- Industry Status as of October 2006 - August growth moderated from the last three months coming in at 7.7% versus August 2005. We continue to expect 2006 to end with 10% to 12% growth for the full year.
- Industry Status as of September 2006 - July showed strong growth up 12.0% versus July 2005 and year-to-date growth is now 8.3%. We expect growth for the year to end at 10% to 12%.
- Industry Status as of August 2006 - June showed good growth up 11.8% over June 2005 and year-to-date growth is now at 7.8% versus the same period last year. Year-to-date performance and reports of excess inventory in the channel have led us to lower our 2006 forecast to 10% from 19% at the beginning of the year.
- Industry Status as of July 2006 - May once again showed strong growth versus 2005 reenforcing our belief that 2006 will show double digit growth over 2005.
- Industry Status as of June 2006 - April's growth moderated after strong growth in March. It isn't clear yet whether this represents the effects of the inventory builds and high energy cost effects the SIA warned about for March.
- Industry Status as of May 2006 - March revenue showed strong growth of 12.2% over February of a year ago. The strong growth is tempered by concerns of inventory building and the effect of high energy prices.
- Industry Status as of April 2006 - February revenue is showing increased growth over January's weaker growth.
- History and Forecast March 2006 - a quarterly history and forecast for ICs through the end of 2006 including dollars, units, wafer starts and utilization. We are forecasting 19% growth for 2006.
- Industry Status as of March 2006 - January revenue is only up fractionally versus January of a year ago
- Industry Status as of February 2006 - December continued Novembers strong revenue growth versus the same month in 2004. 2005 has now ended with 7.1% growth versus 2004. We currently expect 2006 to be an up year with greater than 10% growth probable.
