iSuppli Darkens Semi Outlook
Friday, October 10th, 2008
Semiconductor industry watcher iSuppli lowered its 2008 revenue forecast Thursday from 4 percent growth to 3.5 percent. The research firm expects revenue in the chip industry to top US$280.1 billion, roughly $10 billion more than the industry earned in 2007. “Four percent had been our forecast for a while now. Revising down our forecast to 3.5 percent we were recognizing some specific issues in the semiconductor industry that caused us to bring it down,” Dale Ford, an iSuppli analyst, told the E-Commerce Times.
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iSuppli Darkens Semi Outlook
