IP: 2001: What Went Wrong? (semiconductor)

[David Farber <dave () farber net>]

> <http://article.ElectronicNews.com/UM/T.ASP?A5.11.1722.2.1820698782>

"Bill McClean, president of IC Insights, was one of the first to predict 
2001's downturn, which has been identified as a "perfect storm" scenario by 
numerous analysts for the past nine months.

According to McClean, for the first time ever, the semiconductor industry 
found itself simultaneously facing each of the four major causes of a 
downturn: global recession, inventory surplus, over capacity issues and a 
decline in electronic systems sales.

This last point is particularly crucial, he said, as the industry has never 
before seen a decline in sales of electronic systems, let alone a 10 
percent decline.

The decline in electronic systems sales is largely attributable to a 
decrease in unit volumes of cell phones and, for the first time ever, PCs."

Abstracted by Copernic

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