Semiconductor industry can learn from financial industry melt-down

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Semiconductor industry can learn from financial industry melt-down

While July’s results in the market showed that the semiconductor market continued the first half year trend of exceeding expectations, the mood in the chip market is all doom and gloom due to the mess in the US financial markets and the demise of major institutions such as Bear Stearns, Lehman Bros and Merrill Lynch, among others, according to Malcolm Penn, Chairman & CEO of Future Horizons. Penn indicated that were it not for the current credit crunch, the 2008 world economy would be in reasonably good shape.

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