SAN JOSE, Calif. -- Citing the IC downturn, Gartner Inc. has cut its forecast for the semiconductor assembly and test services (SATS) market.
And the forecast keeps falling, with a downturn projected in 2009. Just six months ago, the research firm projected that the SATS market would grow 4.1 percent in 2008 and jump 14.1 percent in 2009.
In its last forecast, the research firm projected that the SATS market would grow 3.8 percent in 2008 and jump 6.5 percent in 2009. Now, in the current forecast, the SATS market is expected to grow 1.6 percent in 2008, but the sector will fall 4 percent in 2009, said Jim Walker, an analyst with Gartner, in a newsletter.
Amkor, ASE, SPIL, STATS ChipPAC and other subcontractors see a gloomy outlook for Q4. Taiwan's Advanced Semiconductor Engineering Inc. (ASE), the world's largest IC-assembly house, saw profit declines in Q3. It projects that sales will falll 15-to-20 in Q4.
Amid the economic crisis, market research firm Gartner also recently lowered its chip forecast for both 2008 and 2009.