NOVEMBER 8, 2004 RELEASE
Trends Show Unprecedented Forecast Accuracy
Scottsdale, Arizona — November 8, 2004 — Accurately forecasting IC industry growth has always been an extremely challenging task. Nevertheless, it currently appears likely that worldwide IC market growth in 2004 will be within one percentage point of the rate forecast by IC Insights in January (Figure 1). If realized, this would mark the third consecutive year in which the company’s January IC market forecast would come to within one percentage point of the actual result. No other IC market forecaster can match this track record!
IC Insights’ IC market forecasts are always accompanied by extensive assumptions and background data. The company’s clients have come to rely on its industry experience and to trust the sound reasoning behind its accurate forecasts.
Currently, IC Insights is assembling its 2005 through 2009 IC market forecasts for publication in the 2005 McClean Report (scheduled for release in January 2005). As part of The McClean Report, IC Insights will present its 2005-2009 IC industry forecasts at several U.S. and European seminars in January next year. Although nobody’s crystal ball is perfect, over the past three years IC Insights has been extraordinarily accurate in forecasting IC industry growth rates.
About IC Insights
IC Insights, Inc., based in Scottsdale, Arizona, is dedicated to providing high-quality, cost-effective market research for the integrated circuit industry. Founded in 1997, IC Insights offers coverage of global economic trends, IC market forecasts, capital spending and fab capacity trends, product market details, and technology trends, as well as complete IC company profiles and evaluations of emerging markets for ICs.