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GLOBAL SEMICONDUCTOR SURVEY 2014 | 9
On a geographic basis, optimism was
higher in ASPAC than in the United States.
Nearly one-third (31 percent) of ASPAC
respondents expect revenue growth higher
than 10 percent, with similar expectations
for lower growth ranges.
In the United States, more than one-third
(36 percent) expect revenue growth in
the 1–5 percent range, with more than a
quarter (26 percent) calling for growth in
the 6–10 percent range and 13 percent
forecasting growth above 10 percent.
This shift reflects higher growth
patterns in ASPAC, especially China,
and the emergence of China as a critical
end market for products with rich
semiconductor content as well as an
emerging research center.
Semiconductor Revenue Growth, Company Outlook:
Next Fiscal Year
’14
’13
U.S.
ASPAC
U.S.
5
21 36
26 13 75%
No Change
33
21 26
28 18
ASPAC 14 33
37
12
+1 to 5%
Source: 2014 KPMG Global Semiconductor Survey
28
+6 to 10%
31
+more than 10%
72%
92%
82%
Revenue growth – Three-year expectations
Most also continue to say their company’s semiconductor revenue growth will increase over
the next three years, up slightly from 2013
What is your outlook for your company’s semiconductor revenue growth three (3) years from today?
Looking at a three-year horizon, the
percentage of respondents forecasting
increases rose to 82 percent, with most
semiconductor leaders expecting growth
in the 1–5 percent range. There was a
notable increase at the higher end of the
growth spectrum, with the percentage of
respondents expecting growth in excess of
20 percent doubling to 10 percent.
’14
’13
10 30 26 16 10
14 32
26
14
14
No Change
27
+1 to 5%
30
+6 to 10%
+11 to 20%
17 5
82%
79%
+more than 20%
As with one-year forecasts, growth
expectations were higher in ASPAC than
the United States. In ASPAC, 39 percent of
respondents expect growth in excess of 11
percent, with one-third calling for growth in
the 1–5 percent range.
Source: 2014 KPMG Global Semiconductor Survey
U.S. expectations were slightly more
muted, with 27 percent calling for growth
in the 1–5 percent range, and nearly onethird
citing the 6–10 percent range.
© 2015 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms
affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in the U.S.A.