Saturday, September 5, 2009

The Information Network raises forecast for semiconductor equipment

NEW TRIPOLI, USA: Huge ramps in semiconductor equipment purchases by leading foundries and IDMs in July and August will result in the equipment market ending 2009 dropping 40 percent instead of 46 percent previously forecast, according to the report “The Global Market for Equipment and Materials for IC Manufacturing,” recently published by The Information Network.

“As we stated on August 13, Applied Materials’ results clearly confirmed that the downturn in the semiconductor equipment market is over,” noted Dr. Robert Castellano, president of The Information Network. “Semiconductor equipment purchased in July was up 12 percent and growth continued sequentially in August, increasing 14.6 percent and taking sales to $869 million.”

The chart compares The Information Network’s leading indicators with semiconductor equipment sales on a monthly basis.Source: The Information Network

The report also notes that The Information Network raised its semiconductor forecast growth for full year 2009 to be minus 17 percent. The company expects the foundry sector to underperform the semiconductor market by 2 or 3 percentage points, thus down 19 percent or 20 percent from 2009.

“Our proprietary leading indicators determine inflection points in economic activity and which we utilize to show turning points in semiconductor equipment sales,” added Dr. Castellano, president of The Information Network.

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