World chip sales break record but miss industry forecast
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Growth driven by consumer electronics biz World chip sales totalled $247.7bn last year, the US-centric Semiconductor Industry Association (SIA) said late Friday. Alas that's below the SIA's own full-year sales forecast of $248.8bn, a prediction made only last November.â¦
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The world's largest chipmaker posted a whopping profit but investors concerns centered around lower-than-expected sales.
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Investors not impressed Strong notebook and server chip sales carried Intel to a second quarter that neared the high end of previous forecasts. Investors, however, seemed unmoved by the results, as Intel noted strong pricing competition in the desktop market and a reliance on cost-cutting measures to gloss its results.â¦
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Worldwide semiconductor sales rose a projected 23 percent this year, less than forecast.
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Company denies the chip has been delayed, but many had expected it sooner.
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Worldwide semiconductor sales grew 23.4 percent to &#36;218.5 billion in 2004 despite a significant slowdown in the second half of the year, according to preliminary results released Tuesday by the research firm Gartner Inc.
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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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(InfoWorld) - Taiwan Semiconductor Manufacturing Co. Ltd., the world's largest contract chip maker, reported its worst monthly revenue in 20 months on Friday, but analysts applauded the figure as further proof that an industry glut is dissipating. TSMC said its revenue in February hit NT$20.58 billion (US$624.2 million), down 14.3 percent compared to last year and its worst monthly revenue figure since it reported revenue of NT$20.11 billion in June, 2005. Despite the poor showing, analysts said it was a strong figure considering February is a shorter work month, at only 28 days, and that a major holiday, the Lunar New Year, celebrated throughout Taiwan and much of Asia, also slowed work at TSMC factories. Last year, the Lunar New Year, which is usually a week-long holiday in Taiwan, was on Jan. 29. This year, the first day of the Year of the Pig fell on Feb. 18. "I think the February sales figure was fantastic. It was only down about 2 percent from January," said Warren Lau, chip industry analyst at Macquarie Securities Ltd. in Hong Kong. He said TSMC's February revenue was further proof that a chip glut that has hampered the industry for the past several months is nearing an end. But the return to health over the next few months could be specific to TSMC, and not include the wider chip industry. Earlier this week, Advanced Micro Devices Inc. (AMD) said it will miss its revenue goal for the first quarter of 2007, while rival Intel Corp. outlined plans to beat a microprocessor glut and weak corporate demand for PCs by stepping up chip development speeds. The two companies engaged in a price war last year, and continue to suffer as they duke it out in the market, analysts say. Gartner Inc. believes the chip industry won't start to recover from the glut until the second half of this year. Rising inventories in late 2006 caused companies to slow production and ease off on buying new machinery as a drop in orders idled more and more production lines, said David Christensen, a Gartner analyst, in a recent report. "Look for this trend to continue through the first half of 2007, followed by a slow recovery in the second half of the year," he wrote. Last month, the market researcher revised down its revenue growth estimate for the chip industry this year to 6.4 percent, from a previous forecast of 9.2 percent. Gartner estimates chip industry revenue will reach US$259.7 billion this year. Â
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Texas Instruments Inc , the world's top mobile phone chip maker, said on Thursday it expects global sales for analog chips to double over the next seven years, fuelled by growing demand for consumer electronics.
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Intel Corp.'s fourth-quarter sales are on track to break a company record as demand for the chips that power computers was stronger than originally expected in the weeks leading up to the holiday buying season.
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The chip maker reported revenue of $10.71 billion, up 10.5 percent from the quarter a year earlier, but about $100 million short of analystsâ forecasts.
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Green Christmas. Intel (nasdaq: INTC - news - people ) on Thursday pumped up the range of its fourth-quarter sales forecast. The Pentium chip maker cited muscular global holiday demand for its microprocessors.
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The world's largest chipmaker posts its best quarterly sales figures, boosting optimism about profits in the industry.
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NEW YORK - Intel certainly surprised many semiconductor industry watchers today with its improving sales forecasts for the current quarter, but not everyone is convinced that all is as rosy as it seems at the world&#39;s biggest chipmaker.
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Asia shows biggest growth over last year Worldwide sales of semiconductors totalled $20.6bn for the month of July, a jump of 2.2 per cent on the previous year, according to new figures.â¦
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Blog: Bad: AMD lost $600 million in the second quarter. Good: Chip shipments surged.
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Worldwide sales hit a new multibillion high; EMC passes Hewlett-Packard for first place.