Wi-Fi 6 (ax)+BLEv5.4+15.4 Dual Band RF IP for High-End Applications.
Prepare for chip recession says analyst
By Peter Clarke, eeNews Europe (January 19, 2022)
"Prepare for the inevitable recession now. There are no soft landings," says Malcolm Penn, CEO of Future Horizons
A recession in the semiconductor market is coming in Q4 of 2022 or Q1 of 2023, says leading industry analyst Malcolm Penn of Future Horizons.
Penn was speaking in an online conference where he provided his forecast for the global chip market in 2022. His analysis is that the market momentum is at a turning point with a collapse likely to hit in the 4Q22, possibly masked by the normally seasonal downturn. Penn's mid-range estimate is for 10 percent annual growth in 2022, with the fourth quarter hit badly.
Penn's mid-range prediction is just below IC Insights forecast of 10.8 percent growth but ahead of the 8.8 percent growth figure given by World Semiconductor Trade Statistics at the end of 2021. Other analysts have also predicted overcapacity in 2023, with the move to building fabs in the US and Europe, so-called onshoring, as the biggest risk.
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |
Related News
- Global Top 10 IC Design Houses See 49% YoY Growth in 2024, NVIDIA Commands Half the Market, Says TrendForce
- ARM signs Meta as first chip product customer, says report
- Qualcomm says Arm has withdrawn license breach notice
- Gartner Says Worldwide Semiconductor Revenue Grew 18% in 2024
- Advanced Processes and Chinese Policies Drive 3Q24 Global Top 10 Foundry Revenue to Record Highs, Says TrendForce
Breaking News
- intoPIX Powers Ikegami's New IPX-100 with JPEG XS for Seamless & Low-Latency IP Production
- Tower Semiconductor and Alcyon Photonics Announce Collaboration to Accelerate Integrated Photonics Innovation
- Qualcomm initiates global anti-trust complaint about Arm
- EnSilica Agrees $18m 7 Year Design and Supply ASIC Contract
- SiliconIntervention Announces Availability of Silicon Based Fractal-D Audio Amplifier Evaluation Board
Most Popular
- Qualcomm initiates global anti-trust complaint about Arm
- Siemens acquires Altair to create most complete AI-powered portfolio of industrial software
- Alphawave Semi Reveals Suite of Optoelectronics Silicon Products addressing Hyperscaler Datacenter and AI Interconnect Market
- EnSilica Agrees $18m 7 Year Design and Supply ASIC Contract
- Rapidus Announces Strategic Partnership with Quest Global to Enable Advanced 2nm Solutions for the AI Chip Era