Worldwide semiconductor revenues fall 26 percent

SAN JOSE, California, United States—Analyst firm Gartner Dataquest said worldwide semiconductor revenue this year will be $168.1 billion, a 26-percent drop from last year.
“There are few signs of growth in design wins. Component prices and lead times are still low, and electronic system component demand is weak,” said Mary Olsson, chief analyst for Gartner Dataquest’s worldwide semiconductor group. “Based on guidance and early reports from some of the larger bellwether companies involved in PCs, storage and communications, the second half of 2001 will be dismal for the semiconductor industry.”