Roundup: “Hurricane Carol” close to landfall at Yahoo, VC stimulus package is silly, Microsoft cooks up a PR nightmare and more
VentureBeat —
... Chip industry recovery is 3 years out — That’s what Morris Chang, the chairman of Taiwan Semiconductor Manufacturing Co., tells The Wall Street Journal. ...
Chip Industry “Pretty Close” to Bottom
Digital Daily —
... The vicious beating the semiconductor industry has taken this past year is nearly over. But it will be three years until it recovers — and even that prediction is an optimistic one. So says Morris Chang, Chairman of Taiwan Semiconductor Manufacturing (TSM), who tells The Wall Street Journal that the chip industry is “pretty close” to the bottom. Said Chang, “I think it will be 2012 before the total revenue of the semiconductor industry gets back to the ‘08 level.” If that’s the case, then 2012 cannot come too soon. After the ...
TSMC Chairman Expects Semiconductor Industry to Recover Only in 2012
X-bit labs —
... chairman of Taiwan Semiconductor Manufacturing Company, the world s largest contract maker of chips, does not expect rapid recovery of semiconductor industry and believes that it will take three years for semi revenues to reach the levels of 2008. You get a precipitous drop and a very slow rise. I think it will be 2012 before the total revenue of the semiconductor industry gets back to the 2008 level, said Morris Chang, who founded Taiwan Semiconductor in 1987, in an interview with The Wall Street Journal . The chairman of TSMC has worked in the semiconductor industry for ...

