The global 3D integrated circuit market is forecast to grow by 19.7 percent between 2012 and 2016, with the major growth driver being strong demand for memory products, particularly flash memory and DRAM.
It is starting to look like ST-Ericsson might shut its doors, or at least undergo a massive transformation. The joint venture between Ericsson and STMicroelectronics was supposed to revamp the European semiconductor business, but it never quite took off.
Although the semiconductor market is hurting and it is not expected to rebound until the latter half of the year, IHS iSuppli is reporting an unexpected decline in inventory, led by Intel. Inventory reached record highs late last year, so the turnaround is a surprise.