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.

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