Global Semiconductor Industry to Experience Limited Growth in 2012
The Paragon Report Provides Stock Research on Broadcom and RF Micro Devices
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 11/07/12 -- Despite the rapidly growing demand for high tech gadgets such as smartphones and tablets the semiconductor industry has experienced a less-than-average growth for 2012. A recent report from research firm Strategy Analytics has shown that the number of smartphones in use globally topped the 1 billion mark for the first time ever in the third quarter. The Paragon Report examines investing opportunities in the Semiconductor Industry and provides equity research on Broadcom Corporation (NASDAQ: BRCM) and RF Micro Devices, Inc. (NASDAQ: RFMD).
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The World Semiconductor Trade Statistics (WSTS) has forecasted the worldwide semiconductor market to see a growth of just 0.4 percent in 2012, before experiencing a growth of 7.2 percent in 2013. The Semiconductor Industry Association recently announced that global semiconductor sales were flat in August with a growth of just 0.1 percent. Year-to-date sales in August were down 4.6 percent when compared to the same period in 2011.
"Global semiconductor sales have held steady in recent months despite strong macroeconomic headwinds, but these challenges have hampered growth," said Brian Toohey, president and CEO, Semiconductor Industry Association.
Paragon Report releases regular market updates on the Semiconductor Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Broadcom Corporation designs and develops semiconductor solutions for wired and wireless communications. The company recently announced the deployment of two-way cable networks throughout China. Broadcom reported record quarterly net revenue of $2.13 billion in the third quarter, an increase of 8.0 % sequentially, and 8.7% year-over-year.
RF Micro Devices is a global leader in the design and manufacture of high-performance radio frequency components and compound semiconductor technologies. The company recently announced the acquisition of Amalfi Semiconductor, which they believe will help accelerate growth in their entry-level smartphone segment.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
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Datum: 07.11.2012 - 07:20 Uhr
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