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Article: Gartner's Crystal Ball Turns Nasty.
- Article from:
- Linux Gram
- Article date:
- December 22, 2009
CopyrightCOPYRIGHT 2009 G2 Computer Intelligence. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Only a month ago Gartner predicted that chip sales would be up 0.2% this year and drop 2.2% next year.
Now it's looked in its crystal ball again and foresees two years of back-to-back revenue decline, something that's never happened before in the semiconductor industry, where year-over-year growth is the norm.
Based on preliminary data, the research house now thinks chips sales this year will be down 4.4% from last year to a total of $261.9 billion after plummeting an unprecedented 24.4% this quarter over last quarter.
Then it gets worse.
Next year it thinks they'll be down 16.3% to $219.2 billion, maybe worse.
In a prepared ...