Semiconductor Execs Expect Moderate Revenue Growth to Negatively Impact Profitability

KPMG’s global survey, conducted in partnership with the Semiconductor Industry Association, surveyed 94 C-level executives at the top 100 global semiconductor companies, including device, foundry and fabless manufacturers. According to the results, 99% of the executives expect revenue growth in the next fiscal year, with approximately half (52%) estimating growth in excess of 10%. The growth projections appear to be more moderate this year compared to last year, when 60% of respondents indicated they thought growth would exceed 10%.

(December 27, 2007) HONG KONG — Beginning January 1, 2008, Elcoteq, an electronics manufacturing services (EMS) company with original design manufacturing (ODM) capabilities in the communications technology field, announced it will proceed with the action plan set forth in October, 2007, to streamline and simplify its organization. The company’s goal is to improve response time to its customers’ developing needs in all business areas. In addition, Elcoteq claims the move should help clarify responsibilities, speed up decision-making and improve its cost structure in an increasingly competitive situation.


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