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Strategies & Market Trends : The Bird's Nest

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From: clutterer	4/3/2009 7:32:42 AM
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Worldwide chip sales slump 30% in February By Steve Goldstein Last update: 6:11 a.m. EDT April 3, 2009Comments: 1 LONDON (MarketWatch) -- Worldwide sales of semiconductors slumped 30% to $14.2 billion in February, and dropped 7.6% from January levels, the Semiconductor Industry Association said Friday. "While it would be premature to conclude that the sales decline has hit bottom, there are some indications that the rate of decline has moderated from the final quarter of 2008. The industry responded quickly to the changing market environment by curtailing production and reducing inventory as demand slowed in late 2008.

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