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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 231.81+3.5%2:09 PM EST

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To: etchmeister who wrote (19295)6/8/2006 8:56:43 AM
From: Proud_Infidel  Read Replies (1) of 25522
 
Gartner Inc. reiterats its bullish chip forecast for 2006, but.......

Gartner sees IC slowdown, consolidation

Mark LaPedus
EE Times
(06/07/2006 10:29 PM EDT)

SAN JOSE, Calif. — Gartner Inc. reiterated its bullish chip forecast for 2006, but the market research firm sees a slowdown and consolidation in the IC industry, according to Reuters on Wednesday (June 7).

As previously reported, Gartner projected the IC industry will grow 10.6 percent in 2006 over 2005, according to the report. Chip sales, the firm said, will grow 14 percent in 2008, before falling to less than 1 percent growth in 2009, according to the report.

Now for the bad news: Gartner analyst Jim Tully said 35 percent of existing chip makers — or about 350 companies — will be “driven out of business or acquired by bigger rivals,” according to the report.

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