Semi revenue grew less than 4% in 2007 on weak memory market, iSuppli reports (Electronic News)

The market research company put blame for the global semiconductor market's 3.3% revenue growth squarely on the memory market, as DRAM and NAND crashed in Q4.

The global semiconductor market saw revenue growth of only 3.3% in 2007, according to final data released from iSuppli Corp http://www.isuppli.com today.

The market research company put blame squarely on the memory market, reporting that worldwide DRAM revenue fell by 19.1% and NAND flash revenue declined by 3.9% quarter-over-quarter for Q4.

ISuppli has previously forecasted a 4.7% DRAM decline and a 3% increase for ...