Gartner predicts global semiconductor spending to grow 2.9% in 2017
Gartner has predicted an increase of 2.9% in global semiconductor capital spending in 2017, reaching $69.9 billion (£56.7bn). The estimation for 2017 is down from 5.1% growth in 2016.
David Christensen, senior research analyst at Gartner, said: “The stronger growth in 2016 was fuelled by Increased spending in late 2016 which can be attributed to a NAND flash shortage which was more severe in late 2016 and will persist though most of 2017. This is due to a...