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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 225.33+2.3%12:19 PM EST

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To: BWAC who wrote (14678)5/2/2005 2:45:46 PM
From: Proud_Infidel  Read Replies (1) of 25522
 
Flat growth seen for semis in Q2, Q3, says analyst

EE Times
(05/02/2005 1:50 PM EDT)

SAN JOSE, Calif. — The worldwide IC industry is projected to show relatively flat growth in the second and third quarters despite an uptick in the first period of this year, according to Advanced Forecasting Inc. on Monday (May 2).

As reported, the three-month average of worldwide sales of semiconductors was $18.43 billion in March 2005, according to the Semiconductor Industry Association (SIA), up 2.2 percent from the February level of $18.04 billion and up 13.2 percent from the same period in 2004

Unit sales for March were 3.6 percent above February's, while overall first-quarter unit shipments were 1.6 percent above that of the fourth quarter of 2004, according to Advanced Forecasting (Saratoga, Calif.).

Revenues for March 2005 were 2.3 percent above February's, while overall first-quarter revenues were 14.7 percent above that of the previous period.

Still there is some uncertainty in the market. "Our quantitative-based forecast for the IC cycle indicated that the second quarter will be generally flat with a slight increase in growth expected for the third quarter," said Rosa Luis, director of marketing for Advanced Forecasting, in a statement. "This growth will not be long lasting."

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