Heard on the Beat: Wireless to slow in second half
siliconstrategies.com
By C.V. Dee
Silicon Strategies
06/24/2004, 8:00 PM ET
The overall semiconductor market appears to be strong going into the second half of 2004, but wireless is projected to be a weak sector, according to a report from RBC Capital Markets on Thursday (June 24).
The San Francisco-based investment banking firm based its data on company visits at foundries, assembly and test companies in Taiwan and Singapore. RBC visited TSMC, UMC, ChipMOS, Siliconware, ASE Group, ASE Test, Nanya, Advanced Interconnect Technology, UTAC, and STATS.
"In general, the view from SAT (semiconductor assembly and test companies) as well as foundries, capacity remains tight and utilization levels are at all time high," according to the report.
Some product segments are doing better than others. "Computing market segment seems to be healthy and strong entering into 2H:04," according to the report. "Wireless forecasts are weak going into 2H:04: After strong Q1 and Q2 for wireless components, at this point, forecast data from SAT (semiconductor assembly and test) companies for wireless components show weakness in 2H:04, particularly CDMA components." |
