World Semiconductor Trade Statistics (WSTS) for the first half of 2014 statistics, market research firm Future Horizons performed according to president and chief analyst Malcolm Penn decided to increase for 2014 global chip market forecast to 10.7%, equivalent to reach 338 billion dollar size of the market. Malcolm Penn published in January this year, the forecast is 8%. At the time, he said that in 2014 the global chip market will grow 4-14% rate of growth. Penn said at a recent meeting in the third quarter and the fourth quarter will grow 8.8% and 1.5% respectively, but "balanced risk still favorable, especially in crunch advanced fab capacity and average selling price (ASP) of impact. "For 2015, according to the chronological point of view, Penn expected with -0.5%, 5.5%, 11.5% and 0.0% growth for several quarters, next year there will be at least 15% growth rate. "Economic factors may destroy or retard the growth is still present, there are many things are happening," he said, including the conflict in the Middle East and around the Russian sphere of influence as between and so on. But he said that when confidence in the economy recovers, the semiconductor industry can still look forward to the emergence of a strong market recovery force, because of the global semiconductor ecosystem functioning without slack. "And when the boom appears, it takes about two years to fully expand."  Penn has always been known for optimistic forecasts, he believes unit demand remained fairly steady average annual growth rate of 10-11%, while the average selling price of a wafer of semiconductor market will lead to boom and bust scene. In addition, capital investment and production are beginning to cut from 2008 onwards, and finally led to the wafer supply. However, Penn said, as the 2011 tsunami in Japan and other global events, it will curb global demand.