Indian semiconductor revenue to grow 20% to touch $9.2 billion in 2012

Telecom Lead India: Indian semiconductor revenue is
projected to touch $9.2 billion in 2012, a 20 percent increase from 2011.

 

In India, mobile phones, PCs and LCD TVs will account
for nearly three-fourths of India’s semiconductor consumption in 2012.

 

For Indian market, mobile phone unit production is
expected to grow 21 percent, with semiconductor revenue for mobile phones
totaling $4.8 billion in 2012. PC unit production in 2012 is projected to
increase 7 percent, and semiconductor revenue from PCs will reach $1.8 billion.
LCD TV unit production in 2012 is projected to increase 47 percent, and
semiconductor revenue from LCD TV will reach $312 million in 2012.

 

The research firm said that global electronic equipment
manufacturing companies have been expanding their production facilities in
India. The recent announcement by Nokia to move its mobile phone production
facilities to Asia/Pacific is bound to benefit India as well, where Nokia
already has a large production facility catering to the growing domestic and
neighboring markets in the region.

 

“Semiconductor consumption in India is being driven
from the changing demographics, increasing consumer affluence, economic growth
and favorable government policy,” said Ganesh Ramamoorthy, research
director at Gartner.

 

Globally, the semiconductor spending is expected to reach
$316 billion in 2012, a 4 percent increase from 2011, with mobile phones, media
tablets, PCs, servers, LCD TVs, solid state drives and set-top boxes accounting
for nearly 50 percent of the total semiconductor consumption during 2012.

 

Media tablet unit production is forecast to increase 78 percent over 2011, and
semiconductor revenue from media tablets will reach $9.5 billion in 2012.

 

PC unit production in 2012 is projected to increase 4.7
percent, and semiconductor revenue from PCs will reach $57.8 billion. Mobile phone
unit production is expected to grow 6.7 percent, with semiconductor revenue for
mobile phones totaling $57.2 billion in 2012.

 

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