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IDC: 2011 Global Semiconductor Revenue Up 3.7% To $301 Billion

DOW JONES NEWSWIRES Market researcher International Data Corp. said worldwide semiconductor revenue rose more than 3.7% in 2011 to $301 billion, but missed the firm's prior guidance, due in part to China's slow down in the second half of the year and floods in Thailand. IDC in July projected a modest rise to $303 billion as persistent high unemployment in the U.S. and fear of high inflation in China, India and Brazil weakened the sector. But the firm on Monday raised its forecast for 2012 semiconductor revenue growth to between 6% to 7% from its prior 5% growth estimate, saying it expects the current semiconductor cycle to bottom out in the second quarter of 2012 and fab utilization rates will pick up and accelerate in the second half of this year. IDC said Intel Corp. (INTC) remained the overall market leader with total 2011 semiconductor revenue of $51.8 billion. Samsung Electronics Co. Ltd. (SSNHY, 005930.SE) was the No. 2 vendor overall with semiconductor revenue of $29 billion last year. -By Melodie Warner, Dow Jones Newswires; 212-416-2283; melodie.warner@dowjones.com

Stock News for Intel (INTC)
DateTimeHeadline
05/30/201620:50:00Trial Set to Open in Legal Battle Pitting H-P, Oracle
05/26/201614:27:00Intel Buys Computer Vision Specialist Itseez
05/26/201613:10:00Intel Capital Restructuring, Won't Sell Portfolio
05/26/201612:58:00Intel Capital Restructuring, Won't Sell Portfolio
05/26/201600:30:00Regeneron Named as Science Talent Search Sponsor
05/25/201616:05:51Statement of Changes in Beneficial Ownership (4)
05/25/201616:04:08Statement of Changes in Beneficial Ownership (4)
05/25/201601:00:00Mark Burnett, TBS and Intel Award $1 Million Grand Prize to America’s G...
05/24/201617:10:07Current Report Filing (8-k)
05/19/201610:39:37Current Report Filing (8-k)
05/19/201606:35:15Specialized Disclosure Report (sd)
05/18/201616:32:58Statement of Changes in Beneficial Ownership (4)
05/18/201615:26:00Google Isn't Playing Games With New Chip
05/18/201611:10:00ARM's $350 Million Deal Builds Future Beyond Smartphones
05/17/201608:00:00Intel Security Reveals Security Risks Associated with Unsafe...
05/16/201608:45:00Company Lands Protection Contract for $900M Major Brand as Vulnerabilities...
05/13/201615:23:00ADDING MULTIMEDIA 18-Year-Old Microbiologist Develops Fuel Cells...
05/13/201614:53:00Vancouver High School Student Wins Top Prize at Intel International...
05/13/201614:30:0018-Year-Old Microbiologist Develops Fuel Cells that Convert Organic...
05/13/201606:13:14Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)

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