LOS ALTOS, CA – The outlook for global electronic equipment production isn’t looking good, says Henderson Ventures.
 
Production is expected to drop 11.9% this year, compared to a gain of 0.2% in 2008. The semiconductor manufacturing equipment sector should brace for declines as high as 50%, according to the research firm. 

Computer and communication sectors will see their revenues negatively affected by drops in unit deliveries of PCs and cell phones, as well as deep price cuts, the company predicts.
 
The automotive industry’s nosedive will be felt beyond the US borders this year, with both entertainment and automotive electronics expected to see double-digit drops. The only segment forecasted for positive growth this year is military electronics, with China and Russia posting the only significant gains outside of the US, says Henderson.
 
Recovery is expected to be lackluster. A 4.6% increase is predicted for 2010, and an 8.3% gain is expected for 2011, reports the company.  
 
 
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