Stefan Mileschin

Malcolm Penn, CEO of chip analyst Future Horizons, gave his annual rundown on the semiconductor market at the IEF2013 in Dublin, and he had some warnings of what the industry should expect.

The financial crisis is clearly not over: “We’ve got three more years to go through, but still the [semiconductor] industry was not that bad".

"We’re cruising at slow speed,” this year, Penn said. Companies have got money but they’re not spending it. “We’re still in this lack of confidence period. Everyone is still waiting, waiting, waiting.

“The real fundamentals of the chip industry is that peaks and troughs are the natural part of the fabric. When this industry does rebound, it will rebound more strongly than it ever has.

http://news.techeye.net/chips/silico...und-the-corner