Latest Cowan LRA model’s forecast for global semicon sales in 2012

This is a continuation of my coverage of the fortunes of the global semiconductor industry. I would like to acknowledge and thank Mike Cowan, an independent semiconductor analyst and developer of the Cowan LRA model, who has provided me the latest numbers.

The latest Cowan LRA model parameter update incorporates 2011′s monthly sales results, thereby incorporating 28 years of historical, global actual monthly semiconductor sales as gathered, tracked and published by the WSTS.

Cowan has carried out the necessary mathematical computations in order to update the complete set of linear regression parameters embedded in the Cowan LRA forecast model. This update to the model’s parameters thus reflects 28 years (1984 to 2011) of historical global semiconductor sales numbers.

Therefore, the table given here has provided summarizes the latest model’s 2012 sales and sales growth expectations as a function of the model’s range (low, expected and high) for January 2012′s sales forecast estimates as put out by the updated model.

Note that the Cowan LRA Model’s expected 2012 sales growth (of 3.3 percent) relative to 2011 sales is slightly less bullish than the WSTS’s adjusted autumn 2011 sales growth forecast of 3.6 percent versus WSTS’s autumn 2011′s forecasted sales growth of 2.6 percent.Source: Cowan LRA model, USA.