LEDs will drive 2015 IC market

Semiconductor revenue will reach $358 billion in 2015, a 5.4% increase from 2014, according to Gartner. The drop from 7.9% growth last year will be due to a better supply/demand balance in DRAM, the analyst firm said. With short supply driving high prices, DRAM revenues grew 31.7% last year. This year they are expected to grow 7.7%. The overall semiconductor market continues to be driven by strong growth in smartphones, along with DRAM and NAND flash in ultramobiles and solid-state drives (SSDs), says Gartner