SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Lattice Semiconductor
LSCC 72.96-0.9%3:59 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Platter who wrote (317)12/11/1998 9:39:00 AM
From: Ben Beale  Read Replies (1) of 339
 

12/10 10:15 Current Monthly Semiconductor
Industry Growth Rates Unsustainable

Current Monthly Semiconductor Industry Growth Rates Unsustainable

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Dec. 10, 1998--IC Insights will be
releasing the 1999 edition of "The McClean Report" in January, 1999. The
report will highlight recent changes to the semiconductor market and forecast
industry trends from 1999 to 2003. The report's highlights include a forecast
of strong month-to-month semiconductor sales growth for November, 1998.

The report notes that strong month-to-month sales growth of 4.3 percent in
September, and 6.3 percent in October recently experienced by the
semiconductor industry during Q4 is unsustainable for any length of time.
Extrapolating October's growth rate through 1999 would yield a 75% 1999 /
1998 semiconductor market increase.

With the spread of build to order inventory systems, there is evidence of
increased volatility in semiconductor markets leading to more pronounced
short-term upturns and downturns in semiconductor demand.

A seasonal downturn in month-to-month industry sales growth rates from
December 1998 and into early 1999 is likely.

However, IC Insights expects that the market for electronic equipment will
continue to be strong in 1999 and is anticipated to boost semiconductor
sales from the depressed levels of 1998.

On a year to year basis, the semiconductor industry is expected to continue
the market upturn (that started in August, 1998) in 1999 and will show
explosive growth in 2000 and 2001. Accordingly, IC Insights is raising its
previous forecast (published in August, 1998) of semiconductor industry
revenue growth from $126 Billion in 1998 to $140 Billion for 1999. This equals
an industry growth rate of 11% over 1998 revenues.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext