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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
09/26/201613:00:00New Intel Technologies to Deliver Amazing Experiences That Inspire...
09/21/201609:00:00Printed Circuit Boards and Electronics Manufacturing Services...
09/20/201603:05:00Telit Communications Collaborates With Intel Machine Control
09/20/201603:03:00Intel Appoints Finance Executive -- WSJ
09/19/201622:00:00Intel Hires Bob Swan as Finance Chief
09/19/201620:20:00Correction to Intel's new CFO article
09/19/201619:57:00Intel Hires Bob Swan as Finance Chief
09/19/201617:20:00Former eBay CFO Bob Swan Named New Intel Finance Chief
09/19/201616:07:25Current Report Filing (8-k)
09/19/201616:01:00Intel Appoints Bob Swan Executive Vice President and Chief Financial...
09/19/201610:10:00John McAfee's MGT Capital Subject to SEC Subpoena
09/19/201609:52:00John McAfee's MGT Capital Subject to SEC Subpoena
09/17/201603:02:00Intel Raises Its Outlook -- WSJ
09/16/201615:39:00Intel Raises Third-Quarter Guidance on PC Improvement--2nd Update
09/16/201612:15:00Intel Raises Third-Quarter Guidance on PC Improvement--Update
09/16/201610:20:00Intel Raises Quarterly Guidance
09/16/201610:08:00Intel Raises Third-Quarter Guidance on PC Improvement
09/16/201609:12:06Current Report Filing (8-k)
09/16/201609:00:00Intel Raises Third-Quarter Revenue Expectations
09/15/201620:40:00Globalfoundries Plans Big Investment in New York State Chip Plant

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