By William Trent, CFA of Stock Market Beat
WSTS projects semiconductor industry growth to peak in 2008
World Semiconductor Trade Statistics (WSTS) projects the global semiconductor industry will continue to grow in 2007 and peak in 2008, said WSTS Asia-Pacific president Tony Huang.Huang said the global semiconductor industry should enjoy mild growth in 2007 at 8.6%, up further from this year’s projected 8.5%. Memory IC production value growth should grow at 8.9% while logic IC will reach 8.8% in 2007. The entire industry growth should peak in 2008 with an on-year growth rate of 12% to a production value of US$314.4 billion.
That’s it? What happened to the 40% year/year growth rates seen as recently as 2004?
And more importantly, when are they going to fill all of the excess capacity they are adding?
http://stockmarketbeat.com/blog1/
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