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Semico: IC industry to grow in Q3

Posted: 23 May 2005 ?? ?Print Version ?Bookmark and Share


Research firm Semico Research Corp. says that the U.S. semiconductor industry will bounce back in the third quarter of the year, after a slight downturn this quarter as manufacturers clear up their inventories.

According to Semico, OEMs are expected to place their orders in the third quarter of the year, thereby increasing demand for semiconductors during that period. Semico's Inflection Point Indicator (IPI) -- a process that predicts market behavior up to two quarters -- says inventory levels for PCs went down 0.3 percent and inventories for electronic components went up 1.1 percent in March. However, these rates are expected to have a negative effect on orders for this quarter.

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