PV,
It takes consumers spending money and buying end products, that moves
the chip industry. IF you consider that the Asian consumer just took
it in the shorts with currency devaluations (relative to US $$) then
it is fairly safe to assume that there won't be much consumer buying
from many Asian countries/consumers. I'm a believer that market
saturation exists for many high tech consumer products from numerous
(and very competitive)computer/technology manufacturers. Anyone remember when digital watches were the rage, and calculators, CD
players cell phones, etc. They are now commodity products, cheap and
readily available, these markets are highly saturated because nearly
everyone who needs/wants the product has what they need or can afford.
At this point in time there is nothing "substantial" as a new
product that will act as the catalyst/fuel for fueling the chip
engine to higher levels, for now. Hopefully that "hot", new, "must
have" product is in development and close to release to the consumer
market and once it gains popularity the chip industry will ramp up
to meet the consumer demand.
I'm trying to think of something that I "need" that requires chips
in it, can't think of a thing, guess it's consumers like me that
are causing this downturn! Think about it!
Just my opinion,
BB |
