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To: StanX Long who wrote (62928)4/18/2002 2:32:42 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Worldwide Semi Revenues to Increase 3% in 2002, Researcher Says
Online staff -- Electronic News, 4/17/2002

e-insite.net

Research company IDC Corp. forecasts a bumpy road to recovery for the semiconductor industry this year, with only a modest 3.4 percent rise in worldwide PC semiconductor revenues.

IDC forecasts worldwide PC semiconductor revenues to increase this year to $37.6 billion from $36.3 billion in 2001, with recovery only beginning to show in the second half of the year. The company said it expects the desktop PC semiconductor segment to increase by 3.9 percent from $28.1 billion to $29.1 billion. Mobile PC semiconductor revenue is expected to increase 1.6 percent, from $8.3 billion to $8.4 billion.

"Through all of 2001, PC chip suppliers struggled with a collapse in demand, extended oversupply, and dramatic price wars," said Shane Rau, senior analyst for IDC’s semiconductor: desktop and mobile PCs research program, in a statement. "The result was a record 35.7 percent decline in total desktop and mobile PC semiconductor revenue. While we predict that revenue will be slightly positive this year, the conditions that led to the decline persist in pockets around the industry and will depress overall revenue for at least the first half of this year."