published Friday, August 24th, 2012

Analysts cut 2012 PC, chip shipment forecasts

NEW YORK - Research firms say that what looked like a good year for computers and chips has fizzled.

IHS iSuppli says global chip shipments are set to fall by 0.1 percent this year. That's down from a previous forecast for growth of up to 3 percent. It's the first annual decline since recession-colored 2009.

ISuppli says the big reason behind the decline is that PC sales are anemic.

IDC, another research firm, agrees. It now expects PC shipments to grow just 0.9 percent this year. That's down from a forecast of 5 percent growth issued in March.

IDC says sales have been weak so far this year, and a bounce from the impending release of Windows 8 may not be as strong as it had expected.

about Associated Press...

The Associated Press

videos »         

photos »         

e-edition »

advertisement
advertisement

Find a Business

400 East 11th St., Chattanooga, TN 37403
General Information (423) 756-6900
Copyright, Permissions, Terms & Conditions, Privacy Policy, Ethics policy - Copyright ©2014, Chattanooga Publishing Company, Inc. All rights reserved.
This document may not be reprinted without the express written permission of Chattanooga Publishing Company, Inc.