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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
08/25/201610:30:00China Moves to Ease Foreign Concerns on Cybersecurity Controls
08/25/201607:06:00Today's Top Supply Chain and Logistics News From WSJ
08/24/201603:04:00Chip Rivals Make New Challenge on Intel -- WSJ
08/23/201616:31:00IBM, AMD and Others Plan Assault on Intel's Chip Dominance
08/22/201603:03:00HP Prepares Long-Term Wagers -- WSJ
08/18/201608:40:00Samsung Shares Hit Record High
08/17/201617:10:00Cisco Plans to Cut 5,500 Workers
08/17/201616:10:00Intel Unveils Plans for Artificial-Intelligence Chips
08/17/201616:06:00Intel Unveils Plans for Artificial-Intelligence Chips
08/16/201619:20:00Facebook's Point System Fails to Close Diversity Gap
08/16/201614:40:00Intel Shows Off 'Project Alloy' Virtual-Reality Headset
08/16/201614:34:00Intel Shows Off 'Project Alloy' Virtual-Reality Headset
08/11/201618:30:00Nvidia Tops Sales Guidance, Gives Strong Outlook
08/10/201617:55:00Diversity at Intel Is a Work in Progress
08/10/201603:03:00Intel Deal Shows Pull Of Artificial Intelligence -- WSJ
08/09/201616:40:00Intel, Apple Add to Artificial-Intelligence Deal Wave
08/09/201616:29:00Intel, Apple Add to Artificial-Intelligence Deal Wave
08/03/201620:37:00Intel Recalls Basis Peak Smartwatches Due to Overheating
08/01/201616:40:05Quarterly Report (10-q)
07/27/201618:59:38Statement of Changes in Beneficial Ownership (4)

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