Apple's iPhone and game consoles to prop up chip industry in 2014<article>
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Apple fans may not be the only ones waiting for a new iPhone later this year—semiconductor industry revenue will get a boost from it too, according to Gartner.</p><p>
The iPhone release will spark semiconductor demand, Gartner said in a statement. Based on growing demand for the iPhone and other hardware, the research firm is projecting semiconductor revenue to be US$336 billion this year, growing 6.7 percent compared to 2013, outpacing the previous forecast of 5.4 percent made in the first quarter.</p><p>
The iPhone uses chips, memory, storage, sensors and other semiconductors that Gartner is counting in the overall revenue forecast. Beyond the iPhone, smartphone shipments are also expected to continue rising, which will drive up overall semiconductor revenue growth.</p><p class="jumpTag"><a href="/article/2452900/apples-iphone-and-game-consoles-to-prop-up-chip-industry-in-2014.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article>
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Apple's iPhone and game consoles to prop up chip industry in 2014
