The campus is set to become the largest dedicated hub for AI and technology companies in the Middle East and North Africa
uae11 hours ago
Worldwide semiconductor capital spending is projected to decline two per cent in 2016, to $62.8 billion, according to Gartner. This is up from the estimated 4.7 per cent decline in Gartner's previous quarterly forecast.
"While the first quarter 2016 forecast has improved from a projected decline of 4.7 per cent in the previous quarter's forecast, the two per cent decline in the market for 2016 is still bleak," said David Christensen, senior research analyst at Gartner.
"Excess inventory and weak demand for PCs, tablets, and mobile products continue to plague the semiconductor industry, resulting in a slow growth rate that began in late 2015 and is continuing into 2016."
"The slowdown in the devices market has driven semiconductor producers to be conservative with their capital spending plans," said Christensen.
"This year, leading semiconductor manufacturers are responding to anticipated weak demand from semiconductors and preparing for new growth in leading-edge technologies in 2017."
In addition, the aggressive pursuit of semiconductor manufacturing capability by the Chinese government is an issue that cannot be ignored by the semiconductor manufacturing industry. In the last year, there has been consolidation and merger and acquisition (M&A) activity with specific offers from various Chinese-based entities, indicating the aggressiveness of the Chinese. This will dramatically affect the competitive landscape of global semiconductor manufacturing in the next few years, as China is now a major market for semiconductor usage and manufacturing.
Looking forward, the market is expected to return to growth in 2017.
Increased demand for 10 nanometer (nm) and 3D NAND process development in memory and logic/foundry will drive overall spending to grow 4.4 per cent in 2017. - business@khaleejtimes.com
The campus is set to become the largest dedicated hub for AI and technology companies in the Middle East and North Africa
uae11 hours ago
Dravid's tenure comes to an end after the T20 World Cup 2024 in the USA and West Indies
sports11 hours ago
Stand-in skipper Jitesh believes the absence of key England players will not affect his side's morale on Sunday
sports12 hours ago
Netanyahu came under personal attack from Defence Minister Yoav Gallant for failing to rule out an Israeli government in Gaza after the war
world12 hours ago
The fund is designed to finance the production of artistic and creative works in film, music, performances, and video games
uae12 hours ago
Fico has been in hospital since Wednesday when a lone gunman shot him four times, including in the abdomen
world12 hours ago
The country was one of the donor states to freeze around $450 million in funds after Israel accused 12 UNRWA staff of participating in the Hamas-led attack
world13 hours ago
This inclusive community service is available daily on Al Hamriya Beach from 6.00am to sunset
uae14 hours ago