Chip Industry Can Put Down the Mylanta Now
by John Paczkowski
Posted on November 5, 2009 at 8:47 AM PT
Worldwide chip sales have slipped deep into the mud over the past year and they’ll continue to do so until year’s end. But they’ll begin to improve after that. Down 11.6 percent this year at $219.7 million, global chip sales will rebound 10.2 percent next year to peak at $242.1 billion, according to the Semiconductor Industry Association. Better yet, they’ll hit $262.3 billion in 2011.
Welcome news, considering that back in June, SIA was calling for chip sales to fall 21 percent.
“The new forecast is brighter than our earlier projections, reflecting an improving global economy,” SIA President George Scalise said in a statement. “Unit sales of key demand drivers–including PCs and cell phones, which together account for about 60% of semiconductor demand–have been stronger than previously predicted. We remain cautiously optimistic for the longer term. The current forecast is closely tied to projections of continuing improvement in the worldwide economy.”
Comments
Hey John –
you spend alot of tome calling out Wireless companies, mostly AT&T.
Why don’t you move off your man-crush on Verizon and write on article on how anti-comsumer VZ is by doubling the amount of their ETFs???
IF this would have been a AT&T or T-Mobile you would have written not 1 but 5 blog entries by now.
Posted by tony orangeman at November 5th, 2009 at 10:25 amPoint taken. Looking into it.
Posted by John Paczkowski at November 5th, 2009 at 1:09 pmHere you go, Tony:
http://digitaldaily.allthingsd.com/20091106/ve/
Posted by John Paczkowski at November 6th, 2009 at 12:28 pm