Future Horizons Predicts Continued Growth for Semiconductor Industry

12/13/2004 - Future Horizons, Europe's leading semiconductor analyst, announced the date for its 2005 Semiconductor Industry Forecast Seminar (IFS2005). On 25 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 of the 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 & 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:

"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.

IFS 2005 will be held at the Kensington Close Hotel, Knightsbridge, London, England on Tuesday, 25 January 2005. Call +44 (0)1732 740440 for a brochure or visit: www.futurehorizons.com.

About Future Horizons
Future Horizons, founded in 1989, is Europe's leading semiconductor analyst. It provides market research and business support services for use in opportunity analysis, business planning and new market development. Its industry information seminars and Forums are widely considered to be the best of their kind.

Future Horizons publishes a series of monthly, half-yearly and annual market reports, with emphasis is placed on the worldwide microelectronics and electronics industry and the European market environment. See www.futurehorizons.com for further information.

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