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SCOTTSDALE, AZ – Aggregate sales of the 20 largest semiconductor companies rose 21% sequentially, says IC Insights, on strong inventory replenishment.

That’s up 37 points from the first-quarter sequential results.

The research firm said inventory cutbacks reversed their trend of the previous two quarters, and seasonal demand for electronics will drive third-quarter semiconductor sales up at least another 8%.

The firm reiterated its forecast of a 17% decline for 2009.


 

NEWARK, NY -- The comeback at IEC Electronics continued in its third quarter as the EMS company reported net earnings rose 4% on a 45% jump in revenues.

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SAN JOSE -- Flextronics' chief executive clarified earlier reports pegging the EMS company's target revenue from notebook PCs at $3.5 billion by fiscal 2011.

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