News
SAN JOSE – The Semiconductor Industry Association today reported that global sales of semiconductors reached $22.7 billion in November, up 11.3% from November 2005. Sales increased 3.1% from in October.
It was the fifth straight month of record sales and the forecast remains strong. “Inventories are in line with current demand in most major product segments, and there are even signs of tight supplies in some memory products,” SIA president George Scalise said. “Global sales of semiconductors for the first 11 months of 2006 are in line with the SIA forecast of 9.4% growth for the year. 2007 is shaping up to be another good year for the industry with a forecast of 10% growth over 2006."
It was the fifth straight month of record sales and the forecast remains strong. “Inventories are in line with current demand in most major product segments, and there are even signs of tight supplies in some memory products,” SIA president George Scalise said. “Global sales of semiconductors for the first 11 months of 2006 are in line with the SIA forecast of 9.4% growth for the year. 2007 is shaping up to be another good year for the industry with a forecast of 10% growth over 2006."
EL SEGUNDO, CA — The good news for the semiconductor industry is that 2007 will represent the peak year of its present growth cycle, with double-digit growth expected. The bad news for the semiconductor industry in 2007 is that due to the changing dynamics of the business, growth will amount to only 10.6% for the year—far below historical market peaks.
So says research firm iSuppli. The firm calls for worldwide semiconductor revenue to grow to $285.8 billion in 2007, a 10.6% rise from $258.5 billion in 2006. This compares with its newly revised forecast of 9% semiconductor growth in 2006. After 2007, growth will decelerate to 8.7% in 2008 and then bottom out at 3.7% in 2009, before bouncing back to a 7.4% rise in 2010.
While some industries would kill to achieve 10.6% growth, iSuppli said, it represents a moderate rise for a semiconductor business that has seen expansions as high as the 30 to 40% range during its best years. However, the mild peak comes with a benefit: global semiconductor revenue is not expected to suffer a contraction during the present cycle. This should come as welcome news to semiconductor companies that still have the 28.9% revenue plunge of 2001 fresh in their minds.
So says research firm iSuppli. The firm calls for worldwide semiconductor revenue to grow to $285.8 billion in 2007, a 10.6% rise from $258.5 billion in 2006. This compares with its newly revised forecast of 9% semiconductor growth in 2006. After 2007, growth will decelerate to 8.7% in 2008 and then bottom out at 3.7% in 2009, before bouncing back to a 7.4% rise in 2010.
While some industries would kill to achieve 10.6% growth, iSuppli said, it represents a moderate rise for a semiconductor business that has seen expansions as high as the 30 to 40% range during its best years. However, the mild peak comes with a benefit: global semiconductor revenue is not expected to suffer a contraction during the present cycle. This should come as welcome news to semiconductor companies that still have the 28.9% revenue plunge of 2001 fresh in their minds.
“The milder cyclical swing reflects changed dynamics in the semiconductor industry,” said Gary Grandbois, principal analyst with iSuppli.
FORT WORTH,
TX -- Berkshire
Hathaway Inc., the investment fund of Warren Buffett, will buy component distributor TTI Inc. Terms were not disclosed and the deal is expected to close during the first quarter of 2007.
The deal includes TTI subsidiary Mouser Electronics. TTI is the world's fifth largest electronics components distributor, with reported sales of $835 million in 2005.
The deal includes TTI subsidiary Mouser Electronics. TTI is the world's fifth largest electronics components distributor, with reported sales of $835 million in 2005.
MANKATO, MN – EMS firm Winland Electronics has signed a one-year agreement to manufacture a line of digital imaging products.
The company shipped $1.1 million of digital imaging products in the fourth quarter and has received a purchase order for an additional $1.1 million scheduled for shipment in early 2007.
The firm said it anticipates additional orders. The supply agreement is renewable in one-year terms.
The company shipped $1.1 million of digital imaging products in the fourth quarter and has received a purchase order for an additional $1.1 million scheduled for shipment in early 2007.
The firm said it anticipates additional orders. The supply agreement is renewable in one-year terms.
VENTURA, CA - CoorsTek has acquired Gaiser Tool Co., a ceramic precision tooling manufacturer based in Ventura with operations in Tokyo. Established in 1962, Gaiser invented the alumina ceramic capillary in 1970 and developed "Process1800" to produce bottleneck-style ceramic capillaries in 1987. In a statement, CoorsTek said it will retain the Gaiser brand.
SHANGHAI -- Foxconn has purchased a 10,000 sq. meter plot here and will build its national headquarter,Taiwan's Commercial Times reported.
The company's global research and development center in Tucheng, Taiwan has been completed, DigiTimes said, and will spend roughly $369.8 million over the next three years on it.
Foxconn will employ over 3,000 employees at the R&D site, the report said.
The company's global research and development center in Tucheng, Taiwan has been completed, DigiTimes said, and will spend roughly $369.8 million over the next three years on it.
Foxconn will employ over 3,000 employees at the R&D site, the report said.
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