Thursday, November 3, 2011

Semico forecasts 2011 revenues will be down 1.4 percent

PHOENIX, USA: As we head into November, Semico's forecast of a weak second half is showing to be accurate. June, July, and August all had poor performance and according to the IPI, we will see that trend continue into 1Q12. February of 2012 is still forecasted to be the bottom as OEMs are currently burning off inventory while foundries cut back on capital expenditures.

In October, our IPI headlines included:

* IPI indicates semiconductor sales up 1.2 percent for 3Q11.
* 2011 semiconductor revenue forecast down 1.36 percent.
* Wafer demand summary 3Q11.
* MEMS and sensors in smartphones.
* Mobile devices: Analog.
* Semico forecast.

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