Posted on Thursday, September 18th, 2008 at 1:41 pm
Gartner Warns of “Widespread Slowdown” in Electronics Sector
PCWorld
A weakening global economy will soon cause consumers worldwide to slow spending on electronics products, a Gartner analyst warned on Monday.
“In coming months we expect to see signs of a widespread slowdown in the electronics sector, which would directly impact semiconductor sales,” said Richard Gordon, analyst at Gartner, in the market researcher’s Semiconductor Monday DQ Report. The chip industry likely won’t start to recover until the second half of next year.
The impact of the credit crunch on the U.S., and to some degree European, housing markets, along with high energy prices directly hurting consumers, will lead to slower spending on electronics gear, he said.
