Industry Expert Blogs
A Smaller Semiconductor Industry Moves Forward-January 28, 2010 |
The good news is that semiconductor market seems to be improving. But let’s remember that it has a long way to go.
For example, Intel recently posted a huge jump in 4Q09 profit of $2.3 billion, or 40 cents a share, compared with a profit of $234 million, or 4 cents a share, for the year-earlier period. Quoting from a consensus survey by Thomson Reuters: “Revenue was $10.6 billion, up from $8.2 billion for the same quarter in the year-earlier period.” The article notes that this profitable quarter was due primarily to cost cutting measures.