Worldwide semiconductor revenue grew by 0.9 per cent to $302 billion in 2011, according to preliminary results from Gartner, Inc.

After a strong start to the year, worries about the strength of the macro-economy slowed equipment and semiconductor orders in 2011.“The industry did well in the early part of the year, in many cases entering the year with backlog from an exuberant 2010,” said Stephan Ohr, Semiconductor Research Director at Gartner.

“But uncertainty about the state of the macro-economy set in at the midpoint of the year. Consumers held off purchases, and infrastructure expansion plans languished as governments resisted assuming more debt. Equipment inventories began to build as the year progressed, with resulting ripples throughout the semiconductor industry,” it said. Intel held the No. 1 position in the semiconductor market for the 20th consecutive year.

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