We pride ourselves on the integrity of our work and the rigour and discipline employed in everything we do, not least of which is our commitment to accurate and usable information. We were the only analyst to correctly predict 2021’s super-cycle and 25% growth, plus the reasons why, with our IFS2021 forecast of “+18% with an upside of +24%”. All other analysts at the time were half our forecast and we were dismissed as ‘ever-optimistic’ by SemiWiki in their industry outlook report. As it transpired, our forecast proved absolutely spot on, based on our 55 plus years of direct industry experience, longer than any other analyst and most industry execs. We are never afraid take a contrarian view, backed up by data and sound analytical process, which is why our industry forecasts have consistently proved both accurate and insightful, second to no-one. Find out what’s in store for 2022 at IFS2022, Future Horizons’ annual industry outlook webinar.
Malcolm Penn, Chairman & CEO, founded Future Horizons, a leading semiconductor industry analyst, in April 1989. He has 55 years of experience in the global semiconductor and electronics industry, including new business development, product management, manufacturing, marketing and design. He was previously VP at Dataquest, responsible for setting up all its European research operations; WW Component Engineering Manager at ITT Europe; and ITT Semiconductors, starting with TTL logic, MOS LSI, DRAM Business Group Manager and Executive Director of ITT’s UK-based semiconductor manufacturing operations. Prior to ITT Semiconductors, he was a systems design engineer at Venner Electronics, a UK company specializing in the design and development of electronic measurement instrumentation. Mr Penn studied Electronics Engineering at London’s Southbank University, graduating with a BSc (Hons) degree in 1966 during which time he worked his way through college as a professional R&B musician.