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Technology Stocks : Game Changers and Market Movers

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From: Paul H. Christiansen	12/3/2014 1:32:14 PM
	of 686

Global semiconductor outlook brightens, Microchip sees sales rebound Strong demand for smartphones and automotive electronics has boosted growth for the semiconductor industry this year, as a global industry association said results for 2014 were set to have beaten forecasts with further modest growth expected. Even Microchip Technology, which sent shudders through global markets in October by warning of a coming industry downturn, now says business is proving to be better than previously expected and sales should return to quarter-on-quarter growth early next year. Industry body World Semiconductor Trade Statistics said on Tuesday it now expects world chip markets to grow 9 percent in 2014 to $333 billion, driven mainly by double-digit growth in demand for memory chips and components used in cars. To read the entire article select . . . Global semiconductor outlook brightens, Microchip sees sales rebound

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