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junko.yoshida
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re: Silicon Valley back on track
junko.yoshida   2/8/2012 11:11:41 PM
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This is one of the most comprehensive stories on the snapshot of Silicon Valley today. It's data-driven, well backed up by figures and statistics... it sure makes us all want to believe that we are witnessing "the Second Half has begun," just as the author told me.

_hm
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re: Silicon Valley back on track
_hm   2/9/2012 2:19:45 AM
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Very encouraging report. I wish it accelerates at much faster rate and remain on track for Silicon Valley renaissance.

yalanand
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re: Silicon Valley back on track
yalanand   2/9/2012 7:58:01 AM
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Reading positive report like this after so long. I am hope as the report says 2012 will be very good year for semiconductor industry and I really hope this will help reduce the unemployment figures.

resistion
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re: Silicon Valley back on track
resistion   2/9/2012 12:45:23 PM
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A lot of sugarcoating manufacturing employment down 13%.

junko.yoshida
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re: Silicon Valley back on track
junko.yoshida   2/9/2012 2:39:15 PM
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Really? Where does your 13% number come from? And are you talking about manufacturing employment down -- in Silicon Valley or in the entire U.S.? I would like to know more.

george.leopold
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re: Silicon Valley back on track
george.leopold   2/9/2012 3:24:05 PM
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In some ways, particularly in Silicon Valley, much depends on how one defines manufacturing. For example, a recent study on technology jobs found that apps for smartphones, tablets and social media have created an estimated 466,000 jobs in the U.S. since 2007, the year the iPhone was introduced. Whether apps qualify as "making stuff" is debatable, but something is being produced and innovation is advancing. The apps study is here: http://www.technet.org/wp-content/uploads/2012/02/TechNet-App-Economy-Jobs-Study.pdf

docdivakar
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re: Silicon Valley back on track
docdivakar   2/9/2012 4:31:45 PM
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George, on that comment, I have often argued with colleagues and professionals as to why we even call it Silicon Valley... not much Silicon gets fab'd there any more! Perhaps we should rename it to Web Valley or Internet Valley or something along those lines! North of Sunnyvale, software dominates the scene allthe way to San Francisco. I only addressed two topics in more detail (population movement and innovation) which are closely tied to the advance of the Valley. Housing is still a sore issue BUT that may some what improve in some areas, now that Facebook has many new millionaires! Today's NYT has an article: If Silicon Valley Costs a Lot Now, Wait Until the Facebook Update... http://www.nytimes.com/2012/02/09/us/california-housing-market-braces-for-facebook-millionaires.html?_r=2&pagewanted=all I wonder what those new millionaire home owners will paint their 'Wall' with? :-) MP Divakar

mcgrathdylan
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re: Silicon Valley back on track
mcgrathdylan   2/10/2012 1:41:49 AM
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For more on the theme that the Silicon Valley is no longer appropriately named, see Rick Merritt's excellent article from last October: "From Silicon Valley to Software Bay." http://confidential.eetimes.com/news-updates/4230082/The-Era-of-App-Driven-Design-Emerges

resistion
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re: Silicon Valley back on track
resistion   2/9/2012 4:23:26 PM
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P.20 of 2012 index of silicon valley.

junko.yoshida
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re: Silicon Valley back on track
junko.yoshida   2/9/2012 6:27:19 PM
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You are right, resistion. The 2012 Silicon Valley Index report does say that between 2009 and 2010, Silicon Valley lost "Manufacturing" jobs by 6 percent; and between 2010 and 2011, it lost by 13 percent. Meanwhile, employment related to "information products & services" gained 6 percent. I wonder exactly what sort of "manufacturing" jobs we are losing in Silicon Valley -- more specifically?

LarryM99
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re: Silicon Valley back on track
LarryM99   2/9/2012 11:31:41 PM
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I believe that low-skill manufacturing jobs are giving way to robotics and other more mechanized manufacturing. My bet would be that a scan of job listings would show more skilled trade jobs and fewer button pushers. Larry M.

docdivakar
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re: Silicon Valley back on track
docdivakar   2/10/2012 10:13:22 PM
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@DylanMcGrath: thanks for the link, Rick is right on track in that article. To that end, I have often commented in the (3DIC context) software and applications are a huge part of the ecosystem that the chip companies need to nurture more of. MP Divakar

jeremybirch
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re: Silicon Valley back on track
jeremybirch   2/10/2012 2:18:24 PM
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The mention of tax reform links of course to the public finance deficit in California. It does seem to me (as an outsider) that the reliance on property taxes for public finances is going to be risky particularly if it is linked to property prices. It also seems that there are an awful lot of highly profitable companies in Valley that are paying very low rates of corporate tax. In the UK the main rate is 25%, it California it looks like 10%. This looks like a fairly obvious gap to close, especially if poor public funding damages public services on which those companies rely eg education and transport for their workers.

BillsBlots
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re: Silicon Valley back on track
BillsBlots   2/10/2012 2:52:09 PM
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Was there follow up to the early statement that the tax plan was based on 19th century concepts? By the time a dollar gets paid out to corporation employees and stockholders it's been taxed numerous times, particularly if it's a manufactured product that assembles or relies on purchasing parts or products previously produced in some manufacturing process. I could have missed the discussion, I still need to go get some coffee.

GREAT-Terry
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CEO
re: Silicon Valley back on track
GREAT-Terry   2/13/2012 1:11:54 AM
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It is an interesting report! It is a good sign to see innovation is being treasured and technology finally helps people to move up again.

MYalamanchi
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re: Silicon Valley back on track
MYalamanchi   2/15/2012 12:25:38 AM
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Good synopsis of the 2012 index report! Confirms that silicon valley is coming back and traffic growth is not a mirage.



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