07 Feb '11, 10am

Semicon industry likely to boom: analysts

SINGAPORE: With a number of new wireless gadgets expected to be launched, analysts say the semiconductor industry could witness a boom in production and hiring in 2011. Computer memory prices have been more than halved, between January 2010 and last month. As computer makers begin to replenish stocks of components, a recovery in prices is now under way -- and that's showing up on stock markets. Shares of South Korea's Hynix have gone up 24 per cent this year, while those of Japan's Toshiba have risen 18 per cent. The chipmaking industry is putting last year's slump behind it. According to a global survey of semiconductor executives by KPMG, 78 per cent expect revenues to grow by more than five per cent this year. And an anticipated revival in PC demand is not the only source of excitement in the semiconductor industry. It is expecting bigger gains from sales of premium chi...

Full article: http://www.channelnewsasia.com/stories/corporatenews/view...

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