UK: According to Malcolm Penn, chairman and CEO, Future Horizons, March’s total semiconductor sales came in at $26,533 billion, slightly above our February expectation, closing the quarter at $69,181 billion.
This was up 2.8 percent over Q4-2009 and one of the strongest first quarter performances ever in what is normally a negative growth quarter.
He said: "We have now had four straight quarters of industry growth, yet still no one believes in the strength of the recovery.
"Of course, something unexpected can always go wrong but the industry fundamentals have never been better aligned. Just as 2001 ushered in the conditions for the so-called the perfect (semiconductor) storm, 2010 is now wallowing in the inverse effect."
He added: "Surprisingly few firms are tough. Most are too timid, too cautious or too scared. Welcome to the brave new world of semiconductor company ambivalence and life-threatening risk aversion. Analyst to industry ... 'Hello'."
Tuesday, June 1, 2010
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