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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; [email protected]

Stock News for Intel (INTC)
DateTimeHeadline
01/13/201718:46:32Statement of Changes in Beneficial Ownership (4)
01/12/201709:00:00Tom Brady Stars in Intel Commercial Airing During Super Bowl...
01/11/201714:31:00Computer Chips Evolve to Keep Up With Deep Learning
01/06/201708:08:00CES 2017 Is Offering New Tech for Smarter Living & Autonomous...
01/05/201718:53:20Statement of Changes in Beneficial Ownership (4)
01/04/201721:12:00Intel Jump Starts CES 2017 With News and Experiences
01/04/201718:57:00Intel Announces 5G Modem Chip
01/04/201716:33:23Statement of Changes in Beneficial Ownership (4)
01/04/201709:45:00BMW Group, Intel and Mobileye Will Have Autonomous Test Vehicles...
01/04/201703:02:00Intel Buys Into Auto Technology -- WSJ
01/03/201720:44:00Correction to Qualcomm Article
01/03/201718:51:00Qualcomm Looks Beyond Smartphones With New Chip -- Update
01/03/201717:29:00Qualcomm Looks Beyond Smartphones With New Chip
01/03/201714:30:00Intel Buying 15% Stake in Here, German Auto Makers' Digital-Map...
01/03/201713:00:00Intel to Acquire 15 Percent Ownership of HERE
01/03/201711:10:00Intel Seeks Approval to Invest in German Auto Makers' Digital-Mapping...
01/03/201706:45:00Intel Seeks Approval to Buy Stake in HERE
12/16/201617:27:07Current Report Filing (8-k)
12/16/201617:00:00Intel's 2.95 Percent Junior Subordinated Convertible Debentures...
12/15/201603:02:00Silicon Valley Finds Gentler Tone in the Tower -- WSJ

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