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Business Microscope
Business Microscope
Steve Szirom

Business Microscope is Steve Szirom's take on semiconductor industry business conditions and analyzes macro and micro economic trends in the worldwide semiconductor economy.


The most recent reports are shown below:

Not a Hold'em Market
Not a Hold'em Market The chart below shows the historical movement of the PE ratio for the Standard & Poor's 500 index since 1900. . . . Continue
Overall VC Funding Drops, Chips Up
Overall VC Funding Drops, Chips Up Venture capital investing in all sectors during Q1 2009 was bleak making the quarter the lowest investment period in 12 years. . . . Continue
World Semiconductor Revenues Decline for the First Time Since 2001
World Semiconductor Revenues Decline for the First Time Since 2001 Global sales of semiconductors were severely impacted by the world-wide economic turmoil in 2008 resulting in the first year-on-year drop in sales since 2001 as reported by the SIA. In Q4 2007, SIA forcasted a +7.7% worldwide industry semiconductor growth for 2008. . . . Continue
Investors Weigh In on 2009 Investment Climate
Angel group leaders reported in a recent survey by the Angel Capital Association (ACA) that investments have decreased this year and will decline as well in 2009 compared to 2007 due to the current re . . . Continue
VCs See Difficult 2009, Chips Fare Worst
U.S. venture capitalists are forecasting a difficult 2009 for the country's economy, the capital markets, and the venture industry as the global financial crisis takes its toll on the entrepreneurial . . . Continue

Year-End 2008 Semiconductor Forecast Analysis
Year-End 2008 Semiconductor Forecast Analysis With the Philadelphia Semiconductor Index (SOX) trading at decade low levels, industry executives and analysts have to wonder about the current financial crisis and the future of the industry. However, the visibility into the near future is poor with the unfolding credit crisis turmoil and the continuing downward momentum in revenues. . . . Continue
SIA Flips Forecast to Negative Growth Next Year
SIA Flips Forecast to Negative Growth Next Year The SIA released its annual forecast of global semiconductor sales, projecting the first decline in sales since 2001. . . . Continue
Consumer Confidence Plunges, Online Job Ads Flat, Chips Hit the Skids
Online advertised vacancies were essentially unchanged at 4,439,000 in October, following a large loss in September, according to The Conference Board's Help-Wanted Online Data Series (HWOL)™. Large l . . . Continue
Japan Matters for USA Chip Industry
Japan Matters for USA Chip Industry Semiconductor executives are pondering what the future holds for Japan's electronics export industry as the country's stock markets implode and the Yen's strong gains may slow down exports -- adding another roadblock to the already slowing consumer electronics spending in the U.S.A. . . . Continue
Korean Chipmakers Hit by Weak Demand
Samsung's third quarter profits plunged 44% from the year-ago period due to double digit profit declines in the LCD and semiconductor groups. Amid its restructuring operations, MagnaChips has decided to exit CMOS image sensor business. . . . Continue
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