Analyst calls 'bottom' of IC downturn
November 07, 2011 // Dylan McGrath
The semiconductor industry downturn has hit bottom, and "phase one" of an upturn for chips has begun, according to a Wall Street analyst.
"We now believe we are in Phase I of the semiconductor upturnorders stabilizing," Danely wrote.
Danely reiterated JP Morgan's positive stance on the semiconductor sector and advised continued buying of chip stocks. He cited increased signs of a fundamental bottom and increasing likelihood of revisions to Wall Street estimates for chip firms during the first half of 2012.
Danely said that over the past few weeks, several chip companies and distributors, including Fairchild Semiconductor International Inc., Texas Instruments Inc., and Arrow Electronics Inc., have stated that they are experiencing a bottom in order rates. Arrow expects semiconductor manufacturers should see orders improve in the first quarter of 2012 and could strengthen further in the second quarter of 2012, Danely said.
Chip sales data from the Semiconductor Industry Association combined with fourth quarter guidance from chip firms indicates that semiconductor units should be flat to down during the second half of 2011, far below the expected 15 percent unit growth for PCs and 8 percent unit growth for handsets, according to Danely. He said JP Morgan analysts believe this is "hard evidence" that semiconductors are under-shipping end demand. This should lead to increased order rates in the first quarter of 2012, after end demand stabilizes due to inventory replenishment, Danely said.All news
The EFM32 Zero Gecko starter kit in stock at RS Components
March 11, 2014
RS Components has announced availability of Silicon Labs' EFM32 Zero Gecko Starter Kit, an excellent tool for engineers to ...
Freescale mourns employees on missing Malaysian flight
Arrow Electronics signs EMEA distribution for Variscite
Apple design wins lift Bosch to top of MEMS ranking
Smartphone app oximeter meets hospital standards
Haptic lens converts light into touch
March 10, 2014
A lot of research goes into bringing back some level of sight to visually impaired people. Often, researchers look into ways ...
The MEMS market - who are the winners, the losers
Optical sensor improves spot welding process
SmartMesh IP wireless sensor network starter kit
- DSM presents: Select the best plastic for DDR4
- Wireless Sensor Network Challenges and Solutions
- Putting FPGAs to Work in Software Radio Systems Handbook
- Real-Time Spectrum Analysis for Troubleshooting 802.11n/ac WLAN Devices
InterviewWi-Fi is ‘open’ for business, which is good news for mobile subscribers
Following the news that Netgear has built a Facebook-linked amenity Wi-Fi option into its routers, enabling businesses to offer free Wi-Fi in return for liking the company Facebook page, David Nowicki, ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Freescale is giving away ten RIoTboards, worth 74 dollars each, for EETimes Europe's readers to win.
Designed to run Android operating systems efficiently or to run under Linux, the board is based on the Freescale i.MX 6Solo processor; using the ARM Cortex-A9 architecture.
And the winner is...
In our previous reader offer, Crystal Display was giving...Read more
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.