Difficult year for chips
Global economic problems are starting to be felt in the semiconductor market.
Research from IHS iSuppli shows that global chip sales in the second quarter of 2012 were down 3% from last year to $77bn.
There is now a real possibility that the global semiconductor market will decline for the first time in 3 years.
“The expected decline in 2012 represents a major event for the global semiconductor market,” said Dale Ford, senior director at IHS.
“The disappointing results in the second quarter and weak third-quarter expectations driven by poor economic conditions are expected to cause the semiconductor market to retreat this year,” said Ford.