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S&P sees strong global chip outlook
Standard & Poor's said Monday the global semiconductor industry's outlook should be stable this year and next.
The New York-based credit-rating agency said in its report on chip manufacturers worldwide that the "industry has experienced nearly four years of recovery from the 2001-2002 industry crash."
"The industry is believed to be maturing, and long-term growth is estimated to be in the 8 percent to 12 percent range, so single-digit growth for the balance of 2005 and going into 2006 is almost a natural offset to the strong growth seen in 2004," credit analyst Bruce Hyman said in a news release. "If sales for the balance of 2005 remained flat with the $18 billion July level, the year would end with sales 3 percent above 2004. Looking ahead, we expect, at best, fairly muted expansion into 2006," he added.
Copyright 2005 by United Press International
"The industry is believed to be maturing, and long-term growth is estimated to be in the 8 percent to 12 percent range, so single-digit growth for the balance of 2005 and going into 2006 is almost a natural offset to the strong growth seen in 2004," credit analyst Bruce Hyman said in a news release. "If sales for the balance of 2005 remained flat with the $18 billion July level, the year would end with sales 3 percent above 2004. Looking ahead, we expect, at best, fairly muted expansion into 2006," he added.
Copyright 2005 by United Press International
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