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Future Horizons has announced the date for its 2005 semiconductor industry Forecast Seminar (IFS2005).
On 25th January 2005, Future Horizons will present its latest forecasts and outlook for the European and worldwide semiconductor industry.
Future Horizons believes that there are currently two clear scenarios for the semiconductor industry in 2005, with a doom and gloom short-lived recovery, collapsing in 2005 the most favoured consensus by most other commentators.
'We strongly disagree with favoured opinion, and believe 2005 will see continued growth through into 2006'.
'The current uncertainty is partially a backlash from the severity of the past recession, coupled with underlying economic concerns', said Malcolm Penn, CEO Future Horizons.
At IFS 2005, Future Horizons will outline its market predictions for the semiconductor industry in 2005 including market fundamentals, the 2005 industry outlook, industry application drivers, supply and demand and economic outlook.
Future Horizons has a strong tracked record in accurately predicting worldwide semiconductor industry performance, notching up a series of accurate industry first predictions over the last three years: IFS2002 correctly predicted zero growth for 2002; IFS2003 correctly predicted 18% growth for 2003; and IFS2004 correctly predicted 32% growth for 2004.
'The good times are clearly now back on the agenda'.
'Yet, even before the recovery has slowed, all eyes are focused on just how long it will last, whether there is enough investment, and whether the current market drivers are broad and strong enough to maintain the growth momentum through 2005 and beyond', said Penn.
IFS2005 will be held at the Kensington Close Hotel, Knightsbridge, London, England on Tuesday 25th January 2005.
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