Samsung Forecasts Global Chip Sales to Slow Next Year
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Samsung Electronics Co., the world&#39;s second-largest semiconductor maker, said it expects global chip sales next year to grow at half of this year&#39;s pace on increased supply from new plants coming online.
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NEW YORK/SAN FRANCISCO  - Advanced Micro Devices Inc  has delayed shipment of major chip products until next year but aims to return to profitability in 2008, Chief Operating Officer Dirk Meyer said on Thursday.
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Global semiconductor sales growth slowed to 1 percent in August as electronics makers reacted to growing inventories in Asia by limiting orders of chips, an industry trade group said on Thursday.
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Global sales of microchips are expected to rise about 10 percent to $273.8 billion this year after increasing 8.9 percent to $247.7 billion in 2006, an industry group said on Friday.
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Seoul - South Korea&#39;s Samsung Electronics Company, the world&#39;s largest memory chipmaker, said Monday it would invest some R136.5 billion in building new chip production lines over the next six years.
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The top executive at Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC), the world&#39;s biggest contract chipmaker, offered a mixed message Thursday about prospects for the global chip industry in 2008.Speaking at the company&#39;s third quarter investor conference, President and CEO Rick Tsai predicted that the chip industry will strengthen in 2008, but he also said TSMC will spend &quot;significantly less&quot; on new plants and equipment next year.TSMC announced net sales of NT$88.96 billion&#160;(US$2.73 billion) for the July to September period, up nearly 8 percent over the same time last year. Its net profit fell 6.5 percent to NT$30.37 billion, nearly in line with analyst&#39;s expectations.&quot;The third quarter was better than expected, not just for TSMC, but for the whole electronics industry,&quot; Tsai said. Sales of chips to the PC sector, mobile phone segment and consumer electronics products group were all brisk, he said.But many analysts considered TSMC&#39;s forecast to be more important than its third-quarter results. That&#39;s because of&#160;uncertainty about economic growth in the U.S.&#160;due to the housing loan problems there, high oil prices, and other troubles that could ultimately impact spending on electronics.TSMC is considered a&#160;bellwether for the tech industry&#160;because of the wide range of chips it manufactures, which end up in products including Xbox 360s, iPhones, PCs, and automobiles.&quot;We&#39;re expecting 2008 to be a better year than 2007 for the semiconductor industry,&quot; Tsai said. The chip industry will grow by a mid-to-high single digit percentage in 2008, the company forecast, compared to expected growth of 4 percent in 2007.Despite the rosy outlook, TSMC will reduce its 2008 capital spending from the expected US$2.6 billion in 2007. Spending cuts often indicate that a company isn&#39;t very bullish about business prospects, but TSMC said it wants to reduce spending next year because it spent heavily on production lines in 2007 that won&#39;t begin producing chips until next year.The change in spending plans is significant, said Eric Chen, research director at BNP Paribas Securities (Taiwan). If TSMC&#39;s capital spending drops by about 30 percent, as many analysts have predicted, it won&#39;t be a surprise, he said. But if the company reduces spending by a lot more, it suggests that TSMC may be more concerned about future economic growth than it is letting on.Tsai said TSMC hasn&#39;t determined a specific figure yet for its 2008 capital spending.BNP believes Europe and the U.S. may both face slowing economic growth next year.
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SAN FRANCISCO (CBS.MW) -- Global semiconductor sales are expected to be flat in 2005, below previous forecasts, and growth won&#39;t reach double digits again until 2007, a trade group said late Wednesday.
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Samsung saw a sharp fall in operating profits due to the weak market for computer memory chips.
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Korean chipmaker expects global sales will halve next year; sales growth could be in single digit. SEOUL  - Growth in global semiconductor sales will probably halve next year and memory chip sales
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Japanese-Swedish mobile phone maker Sony Ericsson said on Tuesday it expects slower growth in the global handset market next year.
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The global mobile phone marketis expected to see a slow down in market growth due to the lack ofadditional catalysts, US high tech market research firm IDC warnedon Tuesday.
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Samsung Electronics, the world's top memory chip maker, reported its smallest quarterly profit in four years after steep declines in computer memory chip prices overshadowed improvements in flat screens.
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Europe&#39;s top consumer electronics group Philips cut the sales forecast Friday for its closely-watched chip unit and predicted much slower growth for the semiconductor industry next year.
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SEOUL -- Samsung Electronics Co. yesterday offered a bullish outlook on the global semiconductor industry, with a top executive predicting increased demand for chips used in both digital devices and personal computers.
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Growth in chip sales is set to halve next year due to a glut in the market, Korean chipmaker Samsung has warned. The firm said memory chips were in for a slowdown, with prices for flash memory set to fall as much as 40% in the three months to September.
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Samsung Electronics Co., the world&#39;s second-largest maker of semiconductors, forecast slower growth in the chip business next year but said it would grow faster than the overall industry as it expands beyond the memory-chip segment it dominates.
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- The Semiconductor Industry Association (SIA) on  Wednesday slashed its forecast for 2007 global microchip sales  growth citing a decline in the average selling prices in  several key market segments.