SAN JOSE, Calif. – It was a tough year. When it was all over, the semiconductor industry contracted about four percent, according to market watchers who spent much of the year revising their forecasts downward.
Much of the blame belongs to Europe. Greece, Spain, Italy and Ireland took turns threatening a fiscal collapse that could pull down the European Union with it. The U.S. struggled through a sluggish recovery as it watched. Even the big bull and global growth engine of China pulled in its horns, expecting a storm.
Hate self promotion, but I would like to mention that shifts like ARM a winner in smartphone silicon and mobile cloud becoming a major trend were anticipated in my book "Smartphone" published in December 2011. It also provided details of how Windows world is changing in the post-PC era.