Chip Industry Had Tough Nov '11; Expects Long Term Growth
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Compared to last year, the sharp was even greater: The global chip industry sold semiconductors for $25.93 billion in November 2010. The good news is that, on a year to date basis, chip sales are 0.8 percent ahead of 2010."Supply chain disruptions resulting from the floods in Thailand have impacted semiconductor sales in the near term, however OEM's are expected to recover production losses over the course of the next few months," said Brian Toohey, president of the Semiconductor Industry Association. "November sales were additionally affected by the continuing European financial crisis which is having a broad impact on other economies and global demand." »read more
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