Executive Outlook:survival And Opportunities In 2009

摘要

The semiconductor industry is notorious for its cycles, but this one is different. Of course, one difference is the concurrent meltdown in world financial markets and the consequent reduction in consumer confidence and spending. Some recent forecasts predict that capital expenditures will not return to 2007 levels for at least five years. Consolidation will likely accelerate as weaker companies become acquisition targets or simply cease to exist. In uncertain times, customers will judge more critically a potential supplier's likelihood of survival and record of careful financial management.