The bullish recovery in the semiconductor market, which began in Q2 2023, is now faltering. Q4 2023 grew at an above average 8.4 per cent growth in Q4 2023.

“The global semiconductor market will grow 16% in 2024”, said Malcolm Penn at the Future Horizons’ annual semiconductor forecast meeting.

Malcolm Penn, CEO of market researcher Future Horizons has dramatically slashed his forecast of a 22% decline in the 2023 global semiconductor market to 10%.

Malcolm Penn isn’t backing off. In January the CEO of Future Horizons forecast a 23% downturn in 2023 global semiconductor sales, and he sees no reason to change it drastically, despite other forecasters opting for a single figure percentage slide.

The global chip market will crash 22 % in 2023 says Malcolm Penn, CEO of Future Horizons.

First the good news, Malcolm Penn, is forecasting the global semiconductor market will grow 10 % to $609 billion in 2022.

The global semiconductor market will grow 18% to $520.6 billion in 2021, says Malcom Penn CEO of Future Horizons.

The global semiconductor market will grow 12% to $480bn, says Malcolm Penn (pictured), Founder and CEO of Future Horizons.

Malcolm Penn is forecasting a 10% hike in the global semiconductor market rationalising an upturn is certain, it is just a matter of how much. As Penn , the CEO of Future Horizons reveals, “There is plenty of historic evidence that the market could show double-digit growth.”

If you are viewing 2019 with some trepidation, given the raft of global uncertainties engulfing at least three of the world's continents, from tariffs to Brexit; trade wars to equity corrections, welcome to the club.

IFS2018 - Future Horizons' SC Industry Outlook & Forecast takes place on January 16 at the Holiday Inn, Kensington Forum in London. The presentation runs from 10.15 and finishes at 16.00 with a break for lunch. The forecast, presented by veteran semiconductor market watcher Malcolm Penn, CEO of Future Horizons, gives a close look at the prospects for the semiconductor industry in 2018, encompassing the technology and applications trends that ...

This coming Saturday, 16 December, celebrates the 70th anniversary of the invention of the transistor. It was the result of research at Bell Labs, New Jersey, USA by William Shockley, John Bardeen and Walter Brattain and was first shown to the world a week later on 23 December 1947, writes Malcolm Penn, CEO of market research company Future Horizons.

The major semiconductor market forecast event of the year will take place in London next week. The IFS2015-MT Industry Update Seminar staged by Future Horizons will be held on Thursday September 24 at The Holiday Inn Kensington Forum in London. Hosted and presented by Future Horizons CEO Malcolm Penn the seminar will look at how 2015 is shaping up for the global semiconductor market and look ahead with a market forecast for 2016.

Last October the WSTS/SIA issued a hugely pessimistic forecast for just 3.4 percent semiconductor market growth for 2015. Share panic set in when Microchip issued a profit and sales warning accredited to a "broad-based industry downturn and correction" based on its weak September sales, especially in China.

It was all going so well at the beginning of March, says Future Horizons Chairman & CEO Malcolm Penn, when January’s WSTS results were released. The oil and North African issues were being taken in their stride. Then, less than two weeks later, the earthquake and tsunami disaster struck Japan and by the close of the month, the Gaddafi Libyan regime was under western international air strike siege.

June’s market numbers were horribly boring says Malcolm Penn, Chairman & CEO of Future Horizons on publication of The Global Semiconductor Monthly Report. “12:12 semiconductor industry growth continued to slow, exactly as we said it would,” he adds, “from last month’s 45.4 to ‘only’ 38.5%, quarterly month on month numbers showed the same ‘boom, boom, bust’ unit growth dynamics and ASPs continued to recover.