Market News

TAIPEI -- Nan Ya Plastics may adjust copper-clad laminate (CCL) prices in April, based on “rising commodity prices,” according to Digitimes. According to the report, other Asian CCL producers may follow suit.

Crude oil prices and copper prices are significantly down compared to 2008 levels. Copper prices are down nearly 50% compared to the 5-year high experienced last June when copper soared to just over $4.00/LB. Prices on LME and COMAX closed on April 9 at $2.02/LB and $2.07/LB, respectively. LME and COMAX inventories levels are high with a forecast for stable pricing throughout 2009. Shanghai copper posted higher prices on April 9, $2.85/LB. Forecasts reflect declining prices for the remainder of 2009.

In related news, CENS reported that Nan Ya Plastics registered NT$10.993 billion (US$325.23 million) in sales in March, an increase of NT$49 million (US$1.44 million) from the preceding month and that the company noted copper-clad laminate orders had picked up at the end of March and the increase was sustained into April.

BANNOCKBURN, IL – The numbers are in from the Apex trade show in early April and they aren’t pretty. Overall attendance at the Las Vegas show dropped 34.5% year-over-year, according to figures released today by the show producers. Read more ...
BANNOCKBURN, IL – Nearly half the votes registered on a controversial standard limiting halogens in electronics were negative, and the lack of consensus will force a second ballot. 

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FRANKFURT, GERMANY – Germany is not showing signs of recovery, as its manufacturing sales fell a record 23.3% in February, according to the Federal Statistical Office.

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TAIPEI – Almost every major Taiwanese electronics maker reported month-on-month gains in March.
Acer and Compal reported year-over-year gains in March, bucking a broader trend. But only Powerchip declared lower sales from February, while Acer, Asustek, ASE, Compal, Hon Hai (Foxconn), HTC, Mediatek, Quanta, UMC and TMSC all reported sequential gains.

Acer said sales rose 38% sequentially and 24% year-over-year, while Compal’s revenues rose 14.3% sequentially and 16.4% year-over-year.

Foxconn’s March sales jumped 24.4% over February, while Asustek and UMC each gained 40% or more.

STAMFORD, CT -- Worldwide semiconductor revenues dropped 5.4% to $255 billion in 2008, sunk by a severe fourth-quarter slump, a leading research firm said today.

"While sales held up fairly well in the first half of 2008, in the third quarter the industry started to soften as the economy slowed, and by the fourth quarter sales were deteriorating quickly, causing revenue growth to go into negative territory," said Peter Middleton, principal research analyst at Gartner Dataquest, which issued the report.

The industry should prepare for consolidation ahead, Middleton added. "With the market heavily impacted by the recession, we can expect considerable market consolidation going forward."

By market share, Intel was tops for the 17th consecutive year, with a 13.3% share. Samsung was No. 2 (6.8%), Toshiba and TI third (4.2%), and ST Microelectronics fifth (4%). STMicro was the only company in the top five to see revenues rise.

No. 8 Qualcomm saw sales jump 15.3%, the largest gainer among the Top 10, Gartner said.

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