In the first half of 2017, the global semiconductor industry achieved a lot of gains. It drove the revenue growth of the technology industry. Throughout the development trend, it will continue until the second half of 2017. IC insights pointed out in the latest forecast that global integrated circuit sales will also increase by 16% year-on-year by 2017 due to rising prices of memory (DRAM and NAND flash). This is also the first time since 2010 that global integrated circuit sales have increased by double digits.
As shown, in recent years, the growth of the DRAM market size has had a significant impact on the overall integrated circuit market growth. The DRAM market size increased by 2 and 3 percentage points in 2013 and 2014, respectively, which increased the overall integrated circuit market share by 32% and 34% year-on-year. The size of the DRAM market will reach US $ 64.2 billion, which is US $ 17.1 billion higher than the personal computer and server market (US $ 47.1 billion). This shows that the impact of the DRAM market is significant.
Finally, the IC Insights report also pointed out that the global economic growth rate in 2017 will be raised from 2.6% to 2.7%; of which, China's economic growth rate will be increased from 6.3% to 6.8%; the US economic growth rate will also be increased from 2.0%, raised to 2.1%, the decline in the country's unemployment rate and stable oil prices will help the economy to grow steadily in the second half of this year. The growth rate of the integrated circuit market will be closely related to the performance of global GDP growth, becoming a powerful promoter of economic growth.
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