Market News

STAMFORD, CT — Citing improvements in DRAMs, research firm Gartner today raised its worldwide semiconductor revenue outlook, projecting 4% year-over-year growth.

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SAN JOSE -- The global electronic connectors market is projected to reach $89.6 billion by 2018, primarily driven by technology developments, improving world GDP, growth in shipments of smartphones and other portable computing devices, and emerging opportunities from non-traditional end-user industries, such as medical and alternative energy.

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BANNOCKBURN, IL – Although global economic growth and electronics industry growth slowed in the fourth quarter of 2011, signs that the recovery is resuming in the US are apparent, says IPC.

The sovereign debt crisis in the Eurozone is acting as a strong headwind, holding back economic growth worldwide, the firm notes. China’s economic growth is decelerating, in part because of the bleak outlook for exports.

US economic indicators continued a slow and steady improvement that began in the fourth quarter of 2011. The Conference Board’s Leading Economic Index has remained flat for a year, but has been inching up since last October, pointing to improved economic conditions in the next quarter. The US Purchasing Managers’ Index is also in positive territory and trending upward, says IPC.

EMS and assembly equipment sales growth in North America, although slower, remained positive, while most supply chain segments in the region, including the PCB and semiconductor industries, continued a downward trend. Similarly, at the global level, sales growth in the electronics supply chain continued its downward trend in the fourth quarter.

However, leading indicators in North America are trending gradually upward and point to a resumption of modest growth in 2012. IPC’s PCB book-to-bill ratio edged up to 1.01, just above parity, in January. Monthly growth rates for North American EMS and semiconductor sales, and US new orders for electronic end-products, improved in the last two months of 2011, returning to positive growth in December.

Manufacturing continues to lead US economic growth. Factory production grew a surprising 1.5% in December, the biggest one-month gain since December 2006, according to the Federal Reserve, and it continued to grow in January, says the firm. Electronic products figured prominently in these increases, especially in the automotive market.

MCLEAN, VA -- January US manufacturing technology orders totaled $401.69 million, up 8.4% year-over-year, according to a leading manufacturing association.

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STAMFORD, CT — Worldwide PC shipments are on pace to grow 4.4% to 368 million units in 2012, according to the latest forecast by Gartner.

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SANTA CLARA, CA – Shipments of 3D LCD TV panels spiked to 7.8 million in the fourth quarter of 2011, up 26% sequentially. As a result, total 3D TV panel shipments in 2011 reached 21.2 million, accounting for 10% of all LCD TV panels shipped, says NPD DisplaySearch.

Advanced LED + 3D panel makers are targeting very strong growth of 138% for 2012, which would lead to 3D LCD TV panel shipments of 50 million units, for a penetration rate of 21.6% of all LCD TV panel shipments, the firm says.

Shutter glass technology use is still larger than patterned retarder technology, with 6.2% penetration in total LCD TV panel shipments in 2011, with patterned retarder accounting for 3.9%. According to NPD DisplaySearch, 2012 penetration rates will increase to 11.6% for shutter glass type and 10% for pattern retarder type.

In addition to TV, panel makers are aggressively promoting 3D monitor panels, especially for consumer entertainment and gaming PCs. In 3D LCD monitor panels, pattern retarder manufacturers are more aggressive than shutter glass makers. Panel makers are targeting shipments of more than 1.5 million per quarter from the second quarter of 2012 onward. This is up from 235,000 in the fourth quarter of last year.

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