I am writing this article on a historic day. Barack Obama was just elected the 44th president of the United States. I mention this not only because of its political and social significance but also because of the yet unknown economic bounce after that it may bring. World electronic industry and general economic data are quite sobering to date. Hopefully a modest post-election upturn is on the horizon. U.S. consumer confidence was at a 26-year low in September (Chart 1) as most retailers are predicting a grim holiday buying season. PC, cell phone, and other consumer electronic forecasts have suffered.
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