"The semiconductor industry is sailing in uncharted waters" 10/10/2008

July’s results continued to exceed expectations, but the general mood in the chip market is one of doom and gloom according to Malcolm Penn, CEO and Chairman of Industry analyst house, Future Horizons. “The repercussions of the dreadful financial mess across the world are clearly at the root of the current frame of mind,” said Penn. “As a result this industry is now sailing in uncharted waters.” “No-one has any idea how or when this crisis will end, or what the impact on the chip market will be,” Penn continued. “In the face of adversity there ...