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Global Semiconductor Outlook Brightens, Microchip Sees Sales Rebound


Ron Burgundy
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By Eric Auchard LONDON (Reuters) - Strong demand for smartphones and automotive electronics has boosted growth for the semiconductor industry this year, as a global industry association said results for 2014 were set to have beaten forecasts with further modest growth expected. Even Microchip Technology, which sent shudders through global markets in October by warning of a coming industry downturn, now says business is proving to be better than previously expected and sales should return to quarter-on-quarter growth early next year. ...

 

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