The correlation coefficient between global GDP and the IC market will rise to 0.95 between 2018 and 2022 up from 0.88 in the 2010-2017 time period, says IC Insights. IC Insights depicts the increasingly close correlation between worldwide GDP growth and IC market growth through 2017, as well as its forecast through 2022, in Figure ...
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from Electronics Weekly https://www.electronicsweekly.com/news/business/ic-market-tracking-global-gdp-closely-2018-08/