Global semiconductor report; 'future is bright'
Future Horizons' monthly global semiconductor report reveals that November's ic sales were up 29.3% on November 2008. However, the sales were down 2.4 % on October 2009.
The report stated that 2009 will come in close to Future Horizons' original minus 10% forecast, most probably at 9.7%. Future Horizons' chairman and ceo, Malcolm Penn (pictured) said that this sets 2010 up for a 'bumper double digit growth' year.
Penn said: "Only a Lehman Brothers type event can now derail the recovery, the future is bright and not before time too. For too long now, doom and gloom has spoilt the chip market horizons. Industry faith has been stretched beyond the limit. We're off to a fine start entering 2010."
The full report can be read by clicking the link below.
