Tough Times for Silicon Wafer Market Continue After Two Consecutive Quarters of Revenue Decline
The silicon wafer market got off to a rough start in 2019 with major silicon wafer manufacturers’ sales weakening in the first quarter of the year following a sharper memory market downturn than expected. Earnings forecasts for the rest of the...
Tempered Growth Forecasts and Longer Range Glimmers of Hope
IMF Revises Global Growth Estimates
As World Cycles Turn
Electronic Industry Business Cycles Look Promising (with Reservations)
Timing of Next Upturn? A Forecast
The typical winter “seasonal slowdown” is now behind us. What can we expect as the year progresses?
How Much Further to Bottom of this Memory Cycle?
In announcing its Q2 fiscal 2019 results, Micron Technology, Inc. provided lower-than-expected revenue guidance of between $46 billion and $50 billion for the current quarter. However, what was particularly noteworthy was the company’s...
Watching (Impatiently) for the Upturn
Business Conditions
Manufacturing growth remains slow globally (Chart 1) although conditions vary by country and region (Chart 2).
Critical Subsystems in the Sub Fab
The value of critical subsystems sold for use in the sub fab is outgrowing the overall market for critical subsystems. Driven by the increased complexity of leading edge fabs and the growing vacuum intensity of semiconductor manufacturing, both...
A Ride on the Business Cycle
Global Growth Slows in Fourth Quarter
World electronic industry growth moderated (or contracted) in many sectors in late 2018. Compare Chart 1 (3Q’18 vs.3Q’17) to Chart 2 (4Q’18 vs.4Q’17). The length and color of the bars tell the story. The...
