| Posted by Jade Po Kellard on 22 June 2009 at 06:00
|
On the face of it, April’s data showed a 7.6 percent decline in total semiconductor sales versus March 2009 but, after adjusting for the 5-week long March, this translates into a whopping 15.5 percent growth. The corresponding numbers for total ICs were minus 9.3 and plus 13.4 percent respectively. This is the strongest April month-on-month growth since April 1996.
That’s the good news. Given the still delicate state of the global economy, this growth is not however directly driven by increased end-user demand, instead it is purely a correction to the steep Q4-08/Q1-09 inventory declines. In other words, the markets clearly over-reacted to the September 2008 global economic collapse, sucking the supply chain dry, paving the way for this counter-balancing period of inventory replenishment.
Historically we can expect this to last through to Q3-09. Beyond that, growth will depend on the underlying end-market demand.
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(0 vote)
The term/concept of synergy seems very apt when applied to the
interaction of the Occam process solderless assembly concept in
combination with a unique PCB interconnection technology called twisted
wire interconnect or TWI. 
Fortunately even the most conservative most prognosticators now see at least a subdued “recovery” in 2010. 