Global semiconductor sales, which have declined in the last two years, are set to rebound strongly with growth of 30.6 per cent this year, the iSuppli market research group says in a new forecast. The projected growth follows a 15.4 per cent decline in semiconductor sales in 2009, to US$229.9 billion, a drop that helped drag down cargo volumes in the air freight industry, where the transport of high-priced, low-weight chips is an anchor commodity. The expansion will add some US$70 billion in … [Read more...] about Chip sales forecast to grow 30%
Semiconductor
Schenker begins ops at new Korean semiconductor facility
DB Schenker has extended its involvement in the Korean logistics market with the start of operations of Schenker Korea Ltd's semiconductor distribution centre at its Korea Logistics Center in the Free Trade Zone at Incheon Airport. The first of its kind in Korea, the facility began operations recently for Dutch company ASML - a leading provider of lithography systems for the semiconductor industry that are critical to the production of integrated circuits, or chips. … [Read more...] about Schenker begins ops at new Korean semiconductor facility
Semiconductor decline may be moderating
Global semiconductor sales declined again in February, down 30.4 per cent year-on-year to US$14.2 billion, but there is some indication the rate of decline is moderating from the fourth quarter of last year, according to the Semiconductor Industry Association (SIA). "The global semiconductor industry is going through one of the steepest corrections in its history," said George Scalise, SIA president. "While it would be premature to conclude that the sales decline has hit bottom, there are some … [Read more...] about Semiconductor decline may be moderating
