“As a member-driven organization, we evolve to meet the demands of the changing industry landscape, which means our focus is becoming more global,” says Jim McElroy, executive director and CEO of iNEMI. “As we move to the next phase of globalization, we have chosen a new name that retains some of our hard-earned brand recognition, while signaling our move to a broader geographic scope.”

(January 04, 2005) Scottsdale, Ariz.&#8212The semiconductor industry is entering another slump, with 2005 expected to be a down year with revenue declining by 5.7% to $199.3 billion, according to In-Stat analysts. This downturn comes on the heels of annual revenue growth of 27.0% in 2004, and a record annual revenue of $211.4 billion.