Sia mock test4/14/2023 ![]() In its midyear update, the association said it saw slower growth for 2008 despite healthy demand for products such as mobile phones and personal computers. In November, it had forecast 7.7 percent growth for 2007-2010. The SIA also said it expected chip sales to rise at a compound annual growth rate of 6.1 percent through 2011. Last week market research firm Gartner Inc forecast global chip revenue would increase 4.6 percent to $286.5 billion this year, up from its February estimate of a 3.4 percent rise. ![]() The Semiconductor Industry Association (SIA) sees global chip sales gaining 4.3 percent to $266.6 billion in 2008, down from a growth forecast of 7.7 percent issued in November. SAN FRANCISCO, June 11 (Reuters) - Global semiconductor sales won’t rise as fast as previously forecast this year as competition crimps prices, particularly for memory chips, an industry group said on Wednesday, helping to send a popular chip stock index down 3.4 percent. (Adds closing index, stock prices, context on broad U.S.
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