Analysts Predict Global Drop in 2008 ...

PCWorld - Two industry watchers this week revised their estimates of worldwide semiconductor revenue this year, with one even predicting a year-over-year decline.

ISuppli Corp. Wednesday said it is projecting that 2008 semiconductor sales will decline by 2% to US$266.6 billion this year from about $272 billion in 2007. Just last month, iSuppli had predicted that 2008 semiconductor sales would grow by 3.5% over last year.

And Tuesday, the World Semiconductor Trade Statistics issued a report predicting that the global semiconductor market will grow by 2.5% and hit $261.9 billion in 2008. That's down from the 3.2% growth the trade association reported last year.

Read More