The latest Global Semiconductor Alliance report paints a somber economic picture for the semiconductor industry. GSA reported that most companies GSA interacts with plan to remain very conservative through the remainder of 2009.
In Q1'09, semiconductor companies were primarily affected by the banking industry woes, inventory
cuts, and products not selling, which resulted in the worst quarter the semiconductor industry has
historically faced.
Leading indicators are beginning to point upward for the semiconductor industry.
The highlight in its latest report include:
In Q2'09 more companies reported better-than-expected earnings and increased sales sequentially for the first time in a year. The first semiconductor IPO in nearly two years happened in August. Several foundries are even raising 2009 capex projections.
Despite the recent rise of stock prices, CEO sentiment is significantly higher, but it's still only around the neutral mark, according to the JPMorgan/GSA CEO Sentiment Index.
The top 30 semiconductor companies reported an 18 percent increase in Q2'09 sales, which was the first quarterly sales uptick in a year.
Out of the top 30 semiconductor companies, memory companies achieved the highest two spots in terms of quarterly sales growth percentage.
Read the full report here.
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