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Chip sales flat in August

10/3/2012 06:35 PM EDT
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Cowan LRA Model
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re: Chip sales flat in August
Cowan LRA Model   10/4/2012 2:04:53 AM
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Hi Dylan - preliminary 2012 sales and sales growth expectations derived from plugging the just released 3MMA sales for August into the Cowan LRA forecasting model are $294.6 billion and minus 1.7 percent, respectively. These latest monthly global semiconductor sales and sales growth updates for 2012 are down from the last month's forecasts of $298.0 and minus 0.5 percent. These latest monthly forecast estimates indicate that semi sales could well be on a strong downward spiral this year. Stay tuned for 2013 updated forecast expectations which should be published in a couple of days. Mike Cowan (Independent semi market watcher and developer of the Cowan LRA Model for forecasting global semi sales)

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