India’s semiconductor consumption reached $8 billion in 2012, a 7.4 percent increase from 2011, according to Gartner, Inc. This was in contrast to the global trend as worldwide semiconductor revenue declined 2.6 percent to reach $299.9 billion in 2012.
"The worldwide semiconductor industry suffered serious disruption in 2012. Excess inventory in the supply chain was the key factor,” said Ganesh Ramamoorthy, research director at Gartner. “High inventory levels affected semiconductor consumption in India as well during 2012. However, a relatively better domestic economic climate and growth in consumer spending helped semiconductor consumption growth in India.”
Of the three key electronic devices – mobile phones, PCs and LCD TVs, which account for over 70 percent of India’s overall semiconductor consumption, LCD TV saw the biggest growth of nearly 45 percent in terms of semiconductor consumption during 2012, while mobile phones’ semiconductor consumption grew by 5.7 percent and PCs declined by 0.3 percent.
“With the global semiconductor industry poised for a rebound starting in the second quarter of 2013, we expect semiconductor consumption in India to also grow. Semiconductor consumption in India will reach $9.6 billion in 2013, an increase of 20 percent over 2012,” said Mr Ramamoorthy. “Mobile phones, PCs and LCD TVs will account for 74 percent of India’s total semiconductor consumption in 2013.”
“The improving consumer sentiment on the back of a likely stabilization in the global, as well as domestic economic conditions, coupled with a return to more normal inventory levels in 2Q13, will be the key factors that will drive semiconductor consumption growth in India during 2013,” Mr. Ramamoorthy said.
Additional information is available in the Gartner report, “Semiconductor Forecast Database, Worldwide, 1Q13 Update” and “Semiconductor Forecast Database, Asia/Pacific, 1Q13 Update.” The reports are available on Gartner’s website at http://www.gartner.com/resId=2356319 and http://www.gartner.com/resId=2384415
About Gartner
Gartner, Inc. (NYSE: IT) is the world's leading information technology research and advisory company. Gartner delivers the technology-related insight necessary for its clients to make the right decisions, every day. From CIOs and senior IT leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, Gartner is a valuable partner in over 13,000 distinct organizations. Through the resources of Gartner Research, Gartner Executive Programs, Gartner Consulting and Gartner Events, Gartner works with every client to research, analyze and interpret the business of IT within the context of their individual role. Founded in 1979, Gartner is headquartered in Stamford, Connecticut, USA, and has 5,500 associates, including 1,400 research analysts and consultants, and clients in 85 countries. For more information, visit www.gartner.com.
"The worldwide semiconductor industry suffered serious disruption in 2012. Excess inventory in the supply chain was the key factor,” said Ganesh Ramamoorthy, research director at Gartner. “High inventory levels affected semiconductor consumption in India as well during 2012. However, a relatively better domestic economic climate and growth in consumer spending helped semiconductor consumption growth in India.”
Of the three key electronic devices – mobile phones, PCs and LCD TVs, which account for over 70 percent of India’s overall semiconductor consumption, LCD TV saw the biggest growth of nearly 45 percent in terms of semiconductor consumption during 2012, while mobile phones’ semiconductor consumption grew by 5.7 percent and PCs declined by 0.3 percent.
“With the global semiconductor industry poised for a rebound starting in the second quarter of 2013, we expect semiconductor consumption in India to also grow. Semiconductor consumption in India will reach $9.6 billion in 2013, an increase of 20 percent over 2012,” said Mr Ramamoorthy. “Mobile phones, PCs and LCD TVs will account for 74 percent of India’s total semiconductor consumption in 2013.”
“The improving consumer sentiment on the back of a likely stabilization in the global, as well as domestic economic conditions, coupled with a return to more normal inventory levels in 2Q13, will be the key factors that will drive semiconductor consumption growth in India during 2013,” Mr. Ramamoorthy said.
Additional information is available in the Gartner report, “Semiconductor Forecast Database, Worldwide, 1Q13 Update” and “Semiconductor Forecast Database, Asia/Pacific, 1Q13 Update.” The reports are available on Gartner’s website at http://www.gartner.com/resId=2356319 and http://www.gartner.com/resId=2384415
About Gartner
Gartner, Inc. (NYSE: IT) is the world's leading information technology research and advisory company. Gartner delivers the technology-related insight necessary for its clients to make the right decisions, every day. From CIOs and senior IT leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, Gartner is a valuable partner in over 13,000 distinct organizations. Through the resources of Gartner Research, Gartner Executive Programs, Gartner Consulting and Gartner Events, Gartner works with every client to research, analyze and interpret the business of IT within the context of their individual role. Founded in 1979, Gartner is headquartered in Stamford, Connecticut, USA, and has 5,500 associates, including 1,400 research analysts and consultants, and clients in 85 countries. For more information, visit www.gartner.com.
