IT Facts

Semiconductor capital spending to grow 0.6% in 2007

Fact recorded on: August 20, 2007. Categories: Semiconductors.

2007 is proving to be a flat year for capital spending in the semiconductor industry. Gartner expects 2007 to register growth of 0.6%, bringing spending to $56.3 bln. This will be followed by 4.8% growth in 2008, when spending will reach $59.3 bln.

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