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Semico Forecasting February 2012 as the Bottom; Next Upswing Begins: 2Q12
Phoenix, AZ - September 1st, 2011 -- The IPI has been showing a weak second half for over a year. Given June's poor performance, it stands to reason we're looking at a three quarter downturn: 3Q11, 4Q11, and 1Q12. OEMs will burn off inventory during the second half of 2011 while foundries cut back on capital expenditures.
As we forecasted during our Semico Summit this May, we're currently seeing the result of excess build-out in tablets, PCs, and smart phones with HP being just one of many companies finding sales in those markets to be disappointing. Not that there aren't winners, both Apple and Amazon are already rumored to be working on the future of the tablet market as we write.
Of course, the consumer market isn't all we look at for our forecast - general economic indicators continue to point to slower economic expansion for the balance of 2011. Electronics are pervasive throughout the economy, meaning macroeconomics has a significant influence on the semiconductor market. Recent global economic woes and natural disasters are contributing to our cautious outlook.
Our 2011 semiconductor revenue forecast shows revenues declining 1.96% over 2010.
The Semico IPI report is published monthly and includes the IPI as well an analysis of the data. Semico's worldwide semiconductor forecast is published in the IPI report once each quarter. Our next forecast issue will be released September.
The IPI provides accurate and proven forward-looking predictions on the direction and strength of the semiconductor market twelve months in the future.
To buy the IPI Report as a single issue, or sign up for the entire year, contact:
About Semico
We are a semiconductor marketing & consulting research company located in Phoenix, Arizona. Semico was founded in 1994 by a group of semiconductor industry experts. We have improved the validity of semiconductor product forecasts via technology roadmaps in end-use markets. Semico offers custom consulting, portfolio packages, individual market research studies and premier industry conferences.
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