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Tag Archives: Future Horizons

Horrible Uncertainty

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“There’s a horrible uncertainty about this year which we really don’t know the answers to,“ said Malcolm Penn (pictured) CEO of Future Horizons at IFS 2024 yesterday. Last year started with a minus 8.2% Q1, but quickly and unexpectedly recovered with a 6% growth in Q2, 6.3% growth in Q3 and 8.4% growth in Q4. “But the wheels fell off ...

Future Horizons research bulletin reiterates 22% market drop this year

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Future Horizons has issued a research bulletin reiterating its forecast of a 22% decline in the semiconductor market this year. “At .January 2023 industry update webinar, we reconfirmed our May 2022 forecast for a 22 percent double-digit decline in 2023, despite the fact most (if not all?) other industry pundits were suggesting only a minor single digit decline, once again ...

The 17th industry upturn is just around the corner

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The 16th industry boom ending last year finished up at 26.6% growth according to Malcolm Penn, (pictured) CEO of Future Horizons at IFS2023 yesterday. The 2019-22 boom was not the biggest in industry’s history. As  Penn put it “it was number 11 in the boom hit parade“ with the 2010 boom at 31.8%, the 2000 boom at 36.8% and the ...

2023 IC market to fall 22%, says Penn

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The semiconductor industry has passed the peak of the rollercoaster market cycle and is beginning its descent, said Malcolm Penn CEO of Future Horizons  at IFS2022 in London yesterday. Although 2022 won’t be a disaster, 2023 will be, said Penn. This year the growth forecast is +6%. +10% is still possible, but so is +4%. “The slowdown is inevitable, the ...

+4% this year and +12% next year, forecasts Penn

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This year was only the third time in the semiconductor industry’s history (the other two being 1980 and 1991) that a drop in world GDP didn’t result in a fall in the chip industry. “If GDP catches cold the chip industry catches pneumonia,” said Malcolm Penn (pictured) CEO of Future Horizons, at the company’s IFS2020 Forecast Seminar yesterday, “it didn’t ...

Never underestimate the chip industry’s inventiveness

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Moore’s Law lives, was the message from Future Horizons’ Industry Forecast Seninar (IFS2020) in London on Wednesday. “Never underestimate the chip industry’s inventiveness,” said Future Horizons CEO Malcolm Penn (pictured), adding that the advances in NAND are “chip innovation at its absolute best.” “Even the Chinese are making 64-layer NAND”, said Penn, while 96-layer devices are in mass production, 128-layer ...