Chip Makers Tighten Belts in 2009

In 2009, the semiconductor industry hit an all time low. With a big drop of over 11.4 percent in sales (roughly about 29 billion dollars) the semiconductor industry only made an income of 226 billion dollars in 2009, in total. This is further emphasized by the fact that sales had already gone down in 2008 (beginning during 2,008’s last quarter) and just continued to go down in 2009, steeping down most in its first quarter. These were observations made at Gartner by its semiconductor research director, Stephen Ohr.

With the unsure and weak economy, 2009 has seen the lowest sales in semiconductors globally. The last time this ever happened was in 1985.

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