MOUNTAIN VIEW, CA – A just-released survey of some 85 senior-level executives at semiconductor companies finds a majority sees R&D and capital expenditures decreasing significantly next year.
As economic conditions and consumer spending continue to deteriorate, semiconductor executives are turning more pessimistic, and anticipate a steep decline in profitability during the next 12 to 18 months, says the consulting group that conducted the survey.
EL SEGUNDO, CA – The deck appears stacked against the global semiconductor industry, with six separate market forces conspiring to cause revenue to decline by nearly a double-digit margin in 2009, says iSuppli Corp.
The research group became the latest to lower its 2009 worldwide semiconductor industry revenue forecast, estimating a 9.4% drop year-over-year to $241.5 billion. iSuppli previously predicted 6.8% growth.