Details

  • Industry: Technology
  • Date: 4/21/2014

KPMG’s Global Semiconductor Survey entitled A More Optimistic Outlook for 2013 

KPMG’s Global Semiconductor Survey entitled A More Optimistic Outlook for 2013,  of over 150 executives, now in its eighth year, identifies trends and issues influencing the global semiconductor market today, as well as the opinions of leading executives about industry growth over the next three years.

The survey’s bellwether Semiconductor Business Confidence Index indicates a shift toward positive sentiment about industry revenue growth. In this year’s survey, industry leaders shared more favorable views about the sector’s profitability and employment growth than last year. Two-thirds of the respondents plan to add headcount next year, compared with less than half in 2011.

 

The results also indicate a shift toward the United States, second to China, as an increasingly important geography for semiconductor headcount growth. While consumer electronics, mobility, and computing remain the leading applications for semiconductor industry revenue growth, executives are calling for a broader-based recovery as industrial and automotive also demonstrate favorable growth.

 

Survey findings

  • Nearly three-quarters (71 percent) of executives are forecasting significant increases in profitability as the industry recovers from its 2012 downturn
  • More than three-quarters of the respondents expect R&D spending to increase over the next fiscal year, and nearly as many (73 percent) expect their company’s capital spending for equipment and software to also rise
  • Two-thirds of the surveyed executives plan to increase their company’s headcount during the next fiscal year, with a fifth of the leaders planning to expand workforces by more than 10 percent
  • Two-thirds of the surveyed executives plan to increase their company’s headcount during the next fiscal year, with a fifth of the leaders planning to expand workforces by more than 10 percent