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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: slacker711 who wrote (80392)	9/18/2008 8:26:58 AM
From: slacker711	Respond to of 197703

Revenues of IC packaging and testing companies set for sequential decline in 4Q digitimes.com Advertisement Ingrid Lee, Taipei; Steve Shen, DIGITIMES [Thursday 18 September 2008] Leading Taiwan IC packaging and testing companies are expected to see their revenues slide 5% in general in the fourth quarter of this year after posting a low single-digit growth in the third quarter, according to sources at the companies. Siliconware Precision Industries (SPIL) is expected to see its revenues decline 3-5% sequentially in the fourth quarter due to weak economic conditions and a conservative attitude of its PC clients, said sources at Macquarie Securities. SPIL has seen its revenues continue growing since July with a prospect to hit a new high in September, buoyed by orders from Qualcomm and MediaTek, according to market sources. SPIL has also forecast that its revenues are likely to grow 4-7% sequentially in the third quarter, with market sources predicting that SPIL will be able to sustain its high-end revenues target. Other major players, including Advanced Semiconductor Engineering (ASE), King Yuan Electronics (KYEC) and Greatek Electronics, are also expected to suffer a sequential decline of 5% on average in revenues in the fourth quarter due to weak demand from the PC, handset and display sectors, the sourced added.