Published in News
Semi industry starts recovering
Rests in bed, has some tea, lemons
According to iSuppli beancounters, the global semiconductor industry has started recovering, sort of.
The current quarter should see the first year-on-year quarterly growth since the start of the recession. However, this is really no surprise, as Q4 2008 was utterly horrible, but the 10-6 percent revenue jump is good news anyway.
Shipments are still down compared to pre-recession levels. Global semiconductor revenue is expected to contract by 16.5 percent in 2009. The decrease in 2008 was 5.4 percent.
iSuppli expects the market to rebound to pre-recession levels in 2011 or 2012, provided the world doesn't come to an end in 2012.