Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (10525)	7/9/2003 10:38:58 PM
From: Return to Sender	Read Replies (2) \| Respond to of 95490

IC recovery due in Q4 '03, says research firm Semiconductor Business News 07/09/2003, 2:00 PM ET siliconstrategies.com CUPERTINO, Calif. -- The start of the semiconductor "escalation" is imminent, with the long-awaited recovery due in the fourth quarter of 2003, according to a report from market research house Advanced Forecasting Inc. Advanced Forecasting believes the semiconductor industry is entering into a significant recovery period. While this recovery will not demonstrate the steep growth rate experienced during the 1999 to 2000 boom period, the Cupertino-based firm claims the impending increase will be strong nonetheless. "The next stage of the recovery was set in motion by factors we measured a year and half ago," says Rosa Luis, director of marketing and sales for Advanced Forecasting, in a statement. "Knowing the timing of that turning-point is crucial in order for companies to be able to prepare. Advanced Forecasting informed its clients that it would occur during Q4-2003, and we stand behind that forecast." Several trends in the semiconductor industry point to a strong recovery, such as the expansion of foundries in Asia and increasing IC unit sales that reached 7.28 billion in May 2003, only 5 percent below its peak in late 2000, point toward a robust recovery. Despite indications toward the positive, the general feeling is that the recovery cannot take place without the "killer app." "The existence of a 'killer app' isn't required for a recovery to take place," says Luis. "The underlying demand for ICs is the required driver which allows 'killer apps' to develop and be successful."