Some very welcome news coming out of IHS iSuppli today:
Revenue within the semiconductor supply chain is forecast to rise 3.7 percent in the April to June period this year, following a marginal 0.1 percent uptick in the fourth quarter last year and a seasonal retreat of 3.3 percent in the first quarter of 2013.
Analyst Sharon Stiefel goes on to say:
…the projected rise of inventory in the second quarter of 2013 will be due to growing demand for electronic products, leading companies to stock up on semiconductors in order to provide adequate chip supply to electronics manufacturers, benefiting semiconductor suppliers in the process.
dark clouds that hovered over last year's semiconductor demand.
Stiefel adds, “All told, the anemic demand situation that was the bane of semiconductor suppliers in the fourth quarter is about to change, moving toward a more positive direction.”
What's your take? Does this feel right? Does it track with your business forecasts?