Chipmaker says glut in market will bring global slowdown
266015
LONDON (CBS.MW) - Growth in global chip sales is likely to halve in 2005, Samsung Electronics said on Monday, according to reports.
753356
The chipmaker is upbeat about growth prospects in Asia, but is also watching the economic developments in the U.S.
248125
Annual global semiconductor sales growth will probably fall by half in 2005 and memory chip sales could collapse as a supply glut saps prices, world-leading memory chip maker Samsung Electronics said on Monday.
472137
Talks of pesky recession ain't helping much either The semiconductor biz looks set for a bumpy start to the New Year with analysts downgrading worldwide spending and sales expectations amid oversupply woes, high energy costs, and credit crunch fears.â¦
508843
The global mobile phone market is expected to see a slow down in market growth due to the lack of additional catalysts, US high tech market research firm IDC warned on Tuesday.
463264
(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
228037
Taiwan Semiconductor Manufacturing Co., the world&#39;s biggest producer of custom-made chips, on Thursday reported record-breaking revenue for the third quarter, but signaled that the global technology sector might be heading for a slowdown in the fourth
80118
Samsung says a glut of semiconductors on the market will bring prices down and slow growth in 2005.
536180
Although computer memory chip prices are expected to slide by midyear as chip makers plow money back into new production lines, analysts expect prices to stabilize later this year.
428555
Singapore/Taipei, September 6: The world&#39;s top contract chip makers are not yet feeling the slowdown in demand that led Intel Corp to cut its third-quarter forecasts, but analysts say the relief may be just temporary.
322575
Intel will miss its 2004 product cost-reduction targets because of a widely publicized string of product delays and problems, but those missteps are largely behind it now, the world&#39;s largest chipmaker said on Tuesday.
334730
ANNUAL growth in global semiconductor sales will probably fall by half in 2005 and memory chip sales growth could collapse as a supply glut saps prices, Samsung Electronics has warned.
494265
Europe&#39;s top consumer electronics group Philips cut the forecast for its closely watched chip unit on Friday and predicted a significant slowdown for the semiconductor industry next year.
276806
MAKUHARI, Japan  - Global sales of equipment used  to make and test semiconductors are expected to fall 5.15  percent from a year earlier to $33.49 billion in 2005, an  industry group said on Wednesday.
569843
DRAM and CPU price drops will slow growth of the global market in 2007, analysts say.
550228
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.
754804
The maker of analog microchips said Tuesday its  fourth-quarter revenue would miss earlier targets because of  weak demand from computing and communications equipment makers.