SIA Forecast: 2009 Down Almost 6%
Although visibility is limited by current questions about consumer confidence, the Semiconductor Industry Association announced yesterday its predictions of a 5.8% decline in chip sales next year.
Industry Downturn No. 11 Won’t Be as Bad as No. 10
Though chip market contraction is inevitable for 2009, according to Future Horizons’ Malcolm Penn, it will not be a repeat of the deep, drawn-out industry downturn of 2001.
KLA-Tencor Announces Job Cuts
The process control and yield management tool supplier plans to cut ~15% of its workforce by the middle of next year in response to reduced demand.