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Global semiconductor revenue fell 5.2 percent last year, due partly to a slump in the memory chip sector, market research firm iSuppli Corp. said. The revenue decline was more than double the slide [that] had been estimated by iSuppli at just 2 percent in November, but spending on personal computers and other consumer gadgets that use chips has been hammered by the global financial crisis. Many big semiconductor firms saw their 2008 revenues decline further than the sector’s fall, with memory chip maker Hynix posting the largest revenue decline of 33.4 percent among the top 10 companies, iSuppli said. “The sharp decline in memory sales in 2008 resulted in Hynix’s precipitous revenue plunge and its fall to the No. 9 ranking, down from sixth-place in 2007,” Dale Ford, senior vice president, market intelligence services, for iSuppli, said in a statement. Sales at Samsung, the world’s top memory chip maker, fell 14.2 percent in 2008, when the global semiconductor revenue dropped 5.2 percent to $258.3 billion from 2007, iSuppli said in the statement seen by Reuters on Thursday. Sony’s sales were down 13.7 percent last year, while No.1 Intel’s fell a smaller 0.7 percent, iSuppli said. However, fabless chip suppliers saw revenue growth in 2008, with Qualcomm, Broadcom, Marvell and Mediatek growing revenues in a range between 10.2 percent and 23.9 percent, iSuppli said. Qualcomm moved into the Top-10 rankings, rising to eighth place in 2008, up from 13th in 2007, and Broadcom edged higher to No. 14 from No. 19, iSuppli said.
Continued here: iSuppli: Global Semiconductor Revenue Down
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