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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 318.72-2.0%3:59 PM EST

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To: Proud_Infidel who wrote (6571)7/28/2003 7:56:35 PM
From: Proud_Infidel  Read Replies (2) of 25522
 
IC inventories fall in Q2 over Q1, says iSuppli

Semiconductor Business News
07/28/2003, 2:40 PM ET

EL SEGUNDO, Calif. -- The semiconductor industry is slowly returning to heath, as excess chip inventories fell from $300 million in the first quarter of 2003, to $150 million in the second quarter, according to a new report from iSuppli Corp.

This compares to a whopping $2.5 billion in terms of excess chip inventories during the second quarter of 2002, according to the El Segundo-based research firm. Back in the first quarter of 2001, the channels had some $8 billion in excess inventories, according to the report.

"Despite some major potential disruptions to the electronics industry, the second quarter of 2003 ended without a collective increase in inventory levels in the semiconductor supply chain," according to iSuppli.

One of those disruptions was SARS, which was limited to Asia, especially China. "SARS was definitely a problem for China, particularly in PCs and handsets, where weak sales during the quarter spurred inventory expansions for finished products," the report said.
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