WSTS: the worldwide semiconductor market is forecasted to be down 3.2% in 2016

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semiconductorAs reported by WSTS, worldwide semiconductor market is expected to be down in 2016 returning to growth in 2017 and 2018. WSTS has published the Q2 2016 semiconductor market figures and re-calculated the Spring 2016 forecast using the actual figures of the second quarter 2016. The worldwide semiconductor market is forecasted to be down 3.2% to 325 billion dollar in 2016 and up 2% to 331 billion in 2017. The year 2018 is forecasted to be up another 2.2% to 338 billion. During 2016 the largest growth is expected across sensors, discrete semiconductors and analog with the largest declines expected in memory and optoelectronics. All major product categories and regions, except logic, are forecasted to return to growth in 2017, under the prerequisite of a stable economic market environment throughout the forecast period.