Mark LaPedus, EE Times
(03/31/2010 9:11 PM EDT)
SAN JOSE, Calif. -- The IC industry is recovering, but there are also signs of growing chip inventories in the channels.
VLSI Research Inc. said IC inventories reached $24.38 billion worldwide in February, a 46 percent increase from the same month in 2009.
''They are close to passing the peak set in October of 2008,'' said G. Dan Hutcheson, CEO of VLSI, in a report . ''While alarming, VLSI does say that current inventory-to-billings ratios are within healthy ranges.''