Report: ST sees chip market likely at bottom
Peter Clarke, EETimes
11/8/2011 1:26 PM EST
LONDON – Carlo Bozotti, CEO of Europe's largest chip company STMicroelectronics, has said that his company has seen bookings recovering over the last few weeks, according to a MarketWatch report.
"It's a combination of inventory correction and demand weakness. Probably we are at the bottom," Bozotti was quoted as saying. However, Bozotti is also reported to have said it is too early to say whether an improvement is sustainable.
E-mail This Article | Printer-Friendly Page |
|
Related News
- ST's Bozotti cheers for European chips
- The SHD Group Has Released a Complimentary Version of the 2024 RISC-V Market Analysis Report Containing Current Market Data and Future Projections
- RISC-V Sees Significant Growth and Technical Progress in 2022 with Billions of RISC-V Cores in Market
- Arm technology is defining the future of computing: Record royalties highlight increasing diversity of products and market segment growth
- After 1Q23 Bottom, Expectations Increase for a 2Q23 IC Market Rebound
Breaking News
- Cadence Announces Most Comprehensive True Hybrid Cloud Solution to Provide Seamless Data Access and Management
- Dolphin Design expands GoAsic partnership to enhance the semiconductor Industry's Supply Chain
- Cadence Collaborates with MemVerge to Increase Resiliency and Cost-Optimization of Long-Running High-Memory EDA Jobs on AWS Spot Instances
- M31 Successfully Validates 5nm IP Solution to Empower Global AI Applications
- Cadence Unveils Palladium Z3 and Protium X3 Systems to Usher in a New Era of Accelerated Verification, Software Development and Digital Twins
Most Popular
- Rivos Raises More Than $250M Targeting Data Analytics and Generative AI Markets
- Semiconductor Capacity Is Up, But Mind the Talent Gap
- Zhuhai Chuangfeixin: OTP IP Based on 90nm CMOS Image Sensor Process Technology Successfully Mass Production
- CMC Microsystems and AIoT Canada Sign Memorandum of Understanding to support IoT and semiconductor ecosystem growth in Canada
- Microchip Technology Acquires Neuronix AI Labs