News
SAN FRANCISCO -- Intel Corp. chief executive Paul Otellini offered a few words of encouragement to a battered market, saying the world's largest chipmaker is seeing
"a pattern of purchases emerge again that's more predictable."
MUNICH — Demand for semiconductors used in vehicles and related gear will drop 25% from its peak of $20 billion last year, a new research report asserts.
It will take until 2013 for market revenues to rebound past $20 billion, research firm Databeans adds. The market will grow at a CAGR of 8.5% through 2014, reaching $22.5 billion, the firm forecasts.
It will take until 2013 for market revenues to rebound past $20 billion, research firm Databeans adds. The market will grow at a CAGR of 8.5% through 2014, reaching $22.5 billion, the firm forecasts.
A drop in demand for autos will be partially offset by higher electronics content in each new vehicle. The average value of electronics content will rise to 14.8% by 2012, up from 13% today, boosted by telematics, infotainment and safety applications, and environmental regulation compliance.
SINGAPORE -- Singapore's electronics output plunged 43.1% year-over-year in January, the government said today.
Exports fell 35% for the month, the Economic Development Board said.
The drop in electronics production pulled the overall manufacturing output down 29.1% the EBD said.
Manufacturing accounts for about 25% of the nation's economy, and most of its manufactured products are exported.
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