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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: etchmeister who wrote (20822)	10/9/2006 9:46:40 AM
From: matt dillabough	Read Replies (1) \| Respond to of 25522

Gartner predicts soft landing for chip market in 2007 - EE Times EE Times reports mkt research co Gartner has predicted a soft landing for the global semiconductor mkt in 2007, saying it expects annual growth to stay at a single-digit percentage, after achieving 8 or 9% in 2006. While the first half of 2007 will be slower than the seasonal norm, the mkt will turn and recover in the second half of 2007 and build thereafter to propel the mkt to between 10% and 20% growth in 2008, Gartner said. Gartner expects third quarter 2006 global semiconductor sales to be $62 bln, it said in a weekly note sent out Monday. If followed by a relatively flat $65 bln in Q4 would take annual sales toward $246 bln, and an annual growth rate of 9%, it continued. Elsewhere in the same note Richard Gordon, Gartner's managing research vice president for semiconductors, discussed a statistical analysis of World Semiconductor Trade Statistics data which showed that 2006 annual growth would be somewhere between 3% and 14% but with a most likely outcome of 8%. "A double-digit growth rate for the year is increasingly unlikely," Gordon said in the note.