Bangalore, April, 18, 2013 — LCD TVs account of the bulk of semiconductor consumption in India – followed by mobile phones and PCs – finds the latest survey by Gartner.
India’s semiconductor consumption reached $8 billion in 2012, a 7.4 percent increase from 2011, This bucked the global trend as worldwide semiconductor revenue declined 2.6 percent to reach $299.9 billion in 2012.
"The worldwide semiconductor industry suffered serious disruption in 2012. Excess inventory in the supply chain was the key factor,” said Ganesh Ramamoorthy, research director at Gartner. “High inventory levels affected semiconductor consumption in India as well during 2012. However, a relatively better domestic economic climate and growth in consumer spending helped semiconductor consumption growth in India.”
Of the three key electronic devices – mobile phones, PCs and LCD TVs, which account for over 70 percent of India’s overall semiconductor consumption, LCD TV saw the biggest growth of nearly 45 percent in terms of semiconductor consumption during 2012, while mobile phones’ semiconductor consumption grew by 5.7 percent and PCs declined by 0.3 percent.
“With the global semiconductor industry poised for a rebound starting in the second quarter of 2013, we expect semiconductor consumption in India to also grow. Semiconductor consumption in India will reach $9.6 billion in 2013, an increase of 20 percent over 2012,” said Mr Ramamoorthy. “Mobile phones, PCs and LCD TVs will account for 74 percent of India’s total semiconductor consumption in 2013.”
Additional information is available in the priced Gartner report, “Semiconductor Forecast Database, Worldwide, 1Q13 Update” and “Semiconductor Forecast Database, Asia/Pacific, 1Q13 Update.” www.gartner.com