It’s no secret: the past five years for the IC industry have been full of challenges. From 2007-2013, the IC market grew at an average annual rate of only 2.1%. One of the speakers slated to speak at The ConFab 2013 in Las Vegas has good reason to believe the IC industry is set to emerge from this difficult cycle.
Solid State Technology is pleased to have Bill McClean on their line-up of speakers for The ConFab 2013. McClean is the president of IC Insights, Inc., where he serves at the managing editor of the company’s market and research studies and reports.
“In IC Insights’ opinion, the “bottom” of the current cycle in the worldwide economy and IC industry was reached in 2012 and 2013 will mark the beginning of the next cyclical upturn—one in which the IC industry CAGR will more than triple to 7.4% in the next five-year period,” McClean writes in his abstract. “Overall, semiconductor industry cycles are becoming increasingly tied to the health of the worldwide economy. While poor semiconductor industry growth has occurred during periods of strong worldwide economic growth, primarily due to semiconductor industry overcapacity and the resulting IC price declines, it is rare to have strong semiconductor industry growth without at least a ‘good’ worldwide economy to support it. Thus, over the next five years, annual global semiconductor market growth rates are expected to gain significant momentum and closely mirror the performance of the worldwide economy.”
McClean began his market research career in the integrated circuit industry in 1980 and founded IC Insights in 1997. During his 33 years of tracking the IC industry, McClean has specialized in market and technology trend forecasting and was responsible for developing the IC industry cycle model. In addition, he instructs for IC Insights’ seminars and has been a guest speaker at many important annual conferences held worldwide (e.g., SEMI’s ISS and Electronic Materials Conferences, The China Electronics Conference, and The European Microelectronics Summit). Mr. McClean received his Bachelor of Science degree in Marketing and an Associate degree in Aviation from the University of Illinois.
To register for this event and learn more about our speakers, please visit The ConFab section of our website.