Semi Cyclicality Getting Wilder
Predictions of the maturity of the semiconductor industry have always been premature. In fact the industry's cyclicality is getting wilder.
'The cyclicality - or super-cyclicality - of spending patterns is a challenging and unique attribute of the semiconductor industry', says SEMI, the trade body for the manufacturers of semiconductor production equipment, instancing: 'the rapid rebound from last year's alarming drop in equipment spending (down to less than $17 billion from a 2007 high of over $44 billion)."
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