News Article
Encouraging signs from the US
Further evidence has emerged suggesting that the widely anticpated slowdown in 2005 is going to be less severe than previously expected.
Further evidence has emerged suggesting that the widely anticpated slowdown in 2005 is going to be less severe than previously expected. Following recent encouraging forecasts by market analysts VLSI and Future Horizons that the global semiconductor market could grow by more than 10% next year, newly released figures show that US semiconductor and component production leapt by 2.6% in December.
This is equivalent to the combined gains of the three previous months and returns production growth to the levels achieved during spring 2003 and mid-2004, when the industry was undergoing a strong recovery.